USAALGulf Shores15777 Renee Marie Ave E
Listing image | Image 1

15777 Renee Marie Ave E, Gulf Shores, AL

House

For Sale

Listed price in listed location currency (USD).
$375,000

632

MLS® 398895

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential
Size 2574 sqft
Garage 
Taxes $2,602
Days Active 1
Lot Size 0.745 Acres
Approx. Age 2004
Avg. Price Per Sqft $145
MLS® Number 398895

Property Address: 15777 Renee Marie Ave E, Gulf Shores, AL, 36542-8264

Average square foot calculated using Size range provided by listing agent.

Description

Prime investment opportunity, triplex in Gulf Shores! This income-producing triplex in Gulf Shores presents an excellent investment opportunity, boasting a spacious lot with three distinct houses. Located conveniently behind dollar general and chevron on Fort Morgan Road, this property offers a solid rental income stream with significant potential for increased revenue. House "A, " (built in 2004, renovated 2024): This recently gutted and fully updated home provides approximately 864 square feet of living space, 2 bedrooms and 1 bathroom, and spacious screen porch. HVAC age: 2019. Rents for $1, 200 per month. This unit uses a septic tank. House "B" (relocated to the property in 1985) offers around 868 square feet of living space with 1 bedroom and a loft being used as a second bedroom, along with 1 bathroom, this home rents for $1, 000 per month and is on city sewer. HVAC replaced three years ago. House "C" (built 1985) the original house on the property, this unit features 768 square feet. with 2 bedrooms and 1 bathroom. It currently rents for $1, 050 per month and is on city sewer. All 3 houses have access to city water, central heating and air, & separate utility meters. Tenants do wish to stay but are on a month to month lease, offering flexibility to the new owner regarding lease terms and occupancy. With current leases, this triplex grosses $41, 100 annually, demonstrating immediate income potential! Buyer to verify all information during due diligence.
MLS® Number398895
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2004
Basement
DrivewayThree or More Vehicles
Garage Spaces
HeatElectric
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 2, 2026List Date
$375,000List Price
  • Commute

Commute

Starting Address
Destination Address
15777 Renee Marie Ave E, Gulf Shores, AL

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