Great investment opportunity to own several micro cottages at Hope's Retreat on Nichols Avenue and these units comes FULLY FURNISHED. Rent is averaging $8,000 per month and has been going up each month. This lavish contemporary micro-cottage community is within walking, biking, golf-carting distance to downtown Fairhope. We offer two pristine 720 sq. ft. units that are 1 bedroom & 1 bath each, and each unit sleeps 4. These micro-cottages can be rented separately or together. This is a perfect location for group events, or a private getaway. Enjoy common outdoor kitchen, wood-fired pizza oven, fire pits, bean bag toss court, lawn & board games, laundry, additional bathroom and gated parking. Survey attached to listing. Property has an active home warranty until 12-3-25, copy attached to listing. Buyer to verify all information during due diligence. Contact your favorite Agent today for a tour of this amazing property. Seller has personal pieces of artwork that will not convey with property.
Features
2 bedrooms
2 bathrooms
1638 sq. ft. floor area
crop_free7579.81 sq. ft. lot size
cottageDuplex
Property history for 614 Nichols Ave
2024
Sold
$875,000
03 Dec 2024 by Andrew Lewis, of Lewis & Co. Real Estate
2022
Sold
$800,000
18 Feb 2022
2019
Sold
Undisclosed
18 Jul 2019 by Dave Kirby
Happy sellers in Fairhope
84%
sentiment_satisfied
84% of sellers in Fairhope reported that their sale price either exceeded or met their price expectations.
Fairhope stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 34 reviews in Fairhope over the last 12 months.
Local market activity for 2 bedroom duplexes in Fairhope
Sold
For Sale
View the listing for inspection times, agent contact details, and more.