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| Amy Norris |
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Email Amy |
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Phone: |
2519817470 |
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Cell: |
2516092919 |
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Fax: |
8665983021 |
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Address:
INCOME PRODUCER! 419 East Canal Drive
Type: Multifamily
Style: Could build 6 habitable stories high! Now single
Bedrooms: 10 "2 bedroms per unit"
Bathrooms: 5 "1 in hm, 1.5 duplx units"
Size: 5,900 sq. ft. "1 house 1100 sq + 2 duplexes 1200 each unit"
Lot Type: Rectangular
Lot Size:
0.5 acres
75ft x 292ft
MLS®: 117640
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Waterfront: IntraCoastal Canal that leads to the GULF of Mexico..5 UNITS COULD BE CHANGED TO 10 UNITS, 6 HABITABLE STORIES HIGH! NOT IN FLOOD ZONE! Waterfront on one side, park front on the other, income now with HUGE DEVELOPMENT POTENTIAL! 1/2 ACRE PARCEL RUNS BETWEEN WATERFRONT CANAL AND 24TH AVE. APPROXIMATELY $4100/MONTH INCOME FROM THE 5 UNITS (1 HOME & 2 DUPLEXES) CURRENTLY ON PROPERTY NOW! MOST UNITS ARE MANAGED BY RENTAL COMPANY.
THIS IS YOUR CHANCE TO OWN A SPECIAL WATERFRONT, INCOME-PRODUCING, HUGE POTENTIAL PROPERTY IN A GROWING TOURIST AREA!
THE PROPERTY HAS AN 1100' 2 BED 1 BATH HOME, 2 DUPLEXES, EACH UNIT IS 1200' 2 BED 1.5 BATH.
NOTE: Agent is part owner. CALL AGENT FOR PARCEL MAP & ZONING DOCUMENTS FROM CITY, WHICH PROVIDE MORE DETAILS FOR BUILDING ON THIS PROPERTY, AND WHY IT IS ZONED MULTI-FAMILY. YOU CAN VERIFY INFO WITH CITY OF GULF SHORES: JENNIFER WATKINS, Planner at 251.968.1154 OR jwatkins@gulfshoresal.gov
AMAZING LOCATION ON INTRACOASTAL WATERWAY LEADING TO GULF. YOU ARE 5 MIN DRIVE FROM THE BEACH. Less than 1/4 mi from Jimmy Buffet's sister's Marina and famous restaurant Lulu’s and within 5 min drive to The Wharf, new resort development. www.OnTheWaterway.com www.TheWharfAl.com www.gulfshores.com NASCAR ALSO ANNOUNCED NEW DEVELOPMENT IN MOBILE, AL.
Bordering Florida, our combined 32-miles of sugar-white beaches (some of the FINEST IN THE WORLD), terrific accommodations, mouth-watering cuisine with championship golf, superb fishing, excellent birding, and fun attractions - you'll see why we attract so many visitors! New developments on and off the beach are increasing awareness. 20,000 person conference center, 10,000 person amphitheatre, "Swim with the dolphins" to be developed www.bamabayou.com. In the coming years, there are 10,000+ condo units approved. |
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WATERFRONT ON INTRACOASTAL CANAL
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5 UNITS CAN BE CHANGED TO 10 UNITS, 6 HABITABLE STORIES HIGH!
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PARKFRONT
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5 UNITS INCOME CURRENTLY $4000/MTH
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1/2 ACRE IN GULF SHORES
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5 MIN FROM BEACH
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NOT IN FLOOD ZONE
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NEAR LULU'S, THE WHARF AND OTHER DEVELOPEMENTS
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Interior Features
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▪ Carpeted Floors
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▪ Ceiling Fan
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Cooling
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Exterior Finish
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Heating
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Roof
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Sewer/Water Systems
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View
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▪ Canal
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▪ Intracoastal
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▪ Park
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▪ Water View
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Lot Features
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▪ Deck
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▪ Front Porch
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▪ Landscaped
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▪ Patio
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▪ Shed
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▪ Trees / Shrubs
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Appliances
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▪ Dishwasher
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▪ Microwave
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▪ Oven Range
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▪ Refrigerator
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▪ Stove
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Extra Features
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▪ Balcony
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▪ Cable Available
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