23888 US HIGHWAY 98 ELBERTA, AL 36530

Features

• Price/sqft: $139
• Lot Size: 17424
• Total Rooms: 9
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
• Stories: 100
• Roof Type: Shingle (Not Wood)
• Heating: Forced air unit

Facts

• Year Built: 01/01/2004
• Property ID: 857815649
• MLS Number: 357972
• Parcel Number: 54-07-25-0-000-002.027
• Property Type: Townhouse or Condo
• County: BALDWIN
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Experience the pinnacle of long-term rental opportunities in the fastest-growing community in Baldwin County! Situated in a prime location, tenants are currently on month-to-month leases, with the potential to transition to 12-month terms depending on negotiation. Each side commands a rental rate of $1,200 per month, but the opportunity exists to increase to $1,850 per month, maximizing your investment potential. This duplex boasts recent upgrades including a new metal roof installed in 2020, a new HVAC system in 2018, and complete replacement of all PEX plumbing in 2022. With these improvements, maintenance concerns are minimized, ensuring peace of mind for landlords and tenants alike. Operating costs are kept manageable, with insurance averaging around $3,000 per year and property taxes totaling $1,300 annually. Don't miss out on this lucrative investment opportunity in a rapidly expanding community!