$525,000 Price Analysis    ♡   Atmore, AL 36502 12 bed 9 bath 8,958 SqFt ($58/SqFt) 2.24 acre lot. Built 1975 Listed 2023-12-23, Taxes $2,026 | ✓ USDA Eligible near Atmore, AL Restrictions may apply due to home size |
Exceptional Multi-Family Investment Opportunity Minutes from Atmore
* Sale Pending *AL! Introducing a prime investment strategically located 5 minutes from downtown Atmore. This meticulously maintained property commands over 8000 sqft across two stories with 12 beds and 8 1/2 baths. This expansive 2.24+/- acre property redefines possibilities, presenting a multi-family / investment opportunity for those with a keen eye for versatile real estate. From capitalizing on the income potential through rental units to establishing a live/work environment tailored to your professional pursuits, the possibilities are as expansive as the property itself. Offering a surplus of space, the property provides an ideal canvas for various configurations catering to potential tenants or residents. Two Profitable separate 2 bed/1 bath apartments have been used as an Airbnb, presenting an enticing income stream.
With private entrances and patios, each of the two units is versatile, catering to short-term rentals, long-term leases or live/work arrangements. One unit is situated upstairs, while the other is located downstairs. From the open deck off the living room to the 552 sqft party/bonus room of the main kitchen, th is property's design offers additional income potential as an event venue or for hosting unforgettable gatherings. The main floor includes 2 primary bedrooms with ensuites, 4 additional bedrooms sharing 2 full Jack-n-Jill style bathrooms, a spacious living room, a convenient 1/2 bath and a kitchen/dining area designed with the versatility to accommodate various business or residental needs. The lower level features an open common area, perfect for a rec/game room, complete with a functional wood-burning fireplace; accompanied by 2 bedrooms, 2 full baths, a large laundry room and a storage room. This property offers a strategic advantage with no city or county zoning.
Presented by Taylor Helton Lee at
PHD Realty, LLC.
Property MLS #637950 from Pensacola
Primary Bedroom Dimensions: 14 x 11
Bedroom 1 Dimensions: 14 x 11
Bedroom 2 Dimensions: 14 x 11
Bedroom 3 Dimensions: 14 x 11
Bedroom 4 Dimensions: 12 x 10
Bedroom 5 Dimensions: 12 x 11
Primary Bedroom Sqft: 154
Bedroom 1 Sqft: 154
Bedroom 2 Sqft: 154
Bedroom 3 Sqft: 154
Bedroom 4 Sqft: 120
Bedroom 5 Sqft: 132
Primary Bedroom Level: First
Bedroom 1 Level: First
Bedroom 2 Level: First
Bedroom 3 Level: First
Bedroom 4 Level: Second
Bedroom 5 Level: Second
Full Bathrooms: 8
1/2 Bathrooms: 1
Baseboards
Bookcases
Ceiling Fan(s)
Crown Molding
High Speed Internet
In-Law Floorplan
Walk-In Closet(s)
Attached Self Contained Living Area
Bonus Room
Game Room
Guest Room/In Law Suite
Gym/Workout Room
Office/Study
Flooring: Concrete, Tile, Carpet, Laminate
Window Features: Double Pane Windows, Blinds, Drapery Rods
Electric Water Heater
Dryer
Washer
Built In Microwave
Dishwasher
Refrigerator
Laundry Features: Inside
Heating Features: Multi Units, Heat Pump, Fireplace(s)
Heating: Yes
Kitchen Dimensions: 25 x 12
Kitchen Features: Not Updated, Laminate Counters, Desk
Kitchen Level: First
Kitchen Sqft: 300
Living Room Sqft: 792
Living Room Level: First
Basement Description: Finished
Exercise Room: Yes
Patio And Porch Features: Deck, Patio
Road Responsibility: County Maintained Road
Road Surface Type: Paved
Lot Size Acres: 2.24
Lot Size Dimensions: 315' X 310'
Lot Size Square Feet: 97574
Parking Features: Circular Driveway, Driveway, Front Entrance, Guest, Converted Garage
High School: Local School In County
Middle School: Local School In County
Map directions Map directions Map directionsCalculated Total Monthly Association Fees: 0
County: Other Counties
Directions: From downtown Atmore, AL: Head west on W Nashville Ave (US-31). Go for 4.0 mi. Then Turn right onto Florida Hwy. Go for 1.3 mi. Then property is on the left.
List Price Low: 525000
Source Property Type: Residential
Parcel Number: 30 26 07 36 0 200 007.000
Zoning Description: County, Unrestricted
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $51,640 | $2,026 |
| 2021 | $unknown + $unknown $51,640 | $1,807 |
| 2020 | $unknown + $unknown $50,380 | $1,763 |
| 2019 | $unknown + $unknown $50,380 | $1,763 |
| 2018 | $unknown + $unknown $25,100 | $829 |
| 2017 | $unknown + $unknown $23,640 | $827 |
| 2016 | $unknown + $unknown $48,740 | $1,705 |
| 2014 | $unknown + $unknown $16,540 | $529 |
| 2013 | $unknown + $unknown $16,980 | $545 |
| 2012 | $unknown + $unknown $16,820 | $539 |
| 2008 | $unknown + $unknown $59,460 | $2,081 |
$0
Pensacola
Listed 2023-12-28
$525,000
BaldwinREALTORS
Listed 2023-12-23
$525,000
Pensacola
Listed 2023-12-12
$525,000
Pensacola
Listing removed 2019-11-07
$0
MobileAL
Listed 2019-10-29
$155,000
MobileAL
Listing removed 2015-07-30
$189,900
BaldwinREALTORS
Listing removed 2015-06-30
$189,900
Pensacola
Listed 2015-03-28
$189,900
Pensacola
Listed 2015-03-28
$189,900
BaldwinREALTORS
Listing removed 2011-07-16
$150,000
Pensacola
Listed 2011-07-15
$150,000
Pensacola
Sold 2008-01-01
$175,000
Public Record
Year Built: 1975
Building Area Total: 8958
Building Area Units: Square Feet
Construction Materials: Brick
Foundation Details: Off Grade
Levels: Two
Living Area Units: Square Feet
Property Age: 49
Property Condition: Resale
Roof: Metal
House Style: Ranch
Sewer: Septic Tank
Cable Available
Water Source: Public
Security Features: Smoke Detector(s)
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.