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Mark Davis
  • Real Estate Agent
  • Fairhope, AL
Votes |

Bay Minette CASH FLOW!

Mark Davis
  • Real Estate Agent
  • Fairhope, AL
Posted Jan 9 2023, 08:35
  • Calling all Bay Minette investors!!!
  • This property features 203’ feet of frontage with approximately 1.43 acres on highway 59 and is UN-ZONED!!
  • Huge rental potential
  • 3 Bedrooms and 3 Bathrooms (with additional space for more bedrooms)
    • Estimate $2,000 mo. rental income
    • $500 per bedroom
  • ​Novelis aluminum plant site construction now being underway. Novelis, a leading sustainable aluminum solutions provider, will invest $ 2.5 billion into the new low-carbon recycling and rolling plant and is expected to create approximately 1,000 jobs. It’s expected to be a 30-month construction project with an estimated opening set for 2025.
  • Features include:
    • separate office/bedroom,
    • formal dining,
    • ceramic tile floors,
    • ​kitchen with ceramic tile countertops and backsplash,
    • breakfast area and breakfast bar,
    • sitting area with wood burning masonry fireplace,
    • hardwood floors throughout the upstairs, and
    • ​loads of unfinished additional space.
  • There is an oversized great room that would be awesome for entertaining that opens up to a 41x18 covered porch overlooking a 20x40salt water pool with a privacy fence.
  • The exterior is brick with a double car cover,
  • ​Fenced yard
  • 24x11 metal storage building.
  • This property has huge upside potential!
  • Asking $264,500
  • (Click the link for more information)

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