SoldDec 3, 2024

Listed by Andrew Lewis from Lewis & Co. Real Estate

Source: Baldwin County Association of Realtors #369006

614 Nichols Ave, Fairhope, AL, 36532

$875,000

2
3
2
1638 sq. ft.
7623 sq. ft.

Other

11 days on the market

Sold: Dec 3, 2024

What's around 614 Nichols Ave

About this property

You can't BEAT the RETREAT! Take advantage of this unique Gold Fortified property built with poured in place concrete walls. Currently this DUPLEX generates income as a thriving short-term rental! The Retreat on Nichols is perfectly positioned near downtown Fairhope and comes FULLY FURNISHED. Enjoy easy access to shops, restaurants, public parks, the hospital and of course scenic Mobile Bay.This gated retreat includes two stylish micro-cottages, each 720 sqft with 1 bedroom and 1 bathroom, making them perfect for separate or combined rentals. Each unit comfortably sleeps up to four guests, featuring a king-size bed and a sleeper sofa. Amenities include shared storage, an additional bathroom, electric vehicle charging, outdoor gaming areas, a kitchen setup, a wood-fire oven, a fire pit, a shared laundry area, and generous parking on an adjacent lot included in the sale.Property is zoned B1 - Local Shopping District and offers ample opportunities for investors and savvy buyers. This property also offers the potential for conversion into office space, mixed use development or private suites. Build another dwelling unit or office building for value-add opportunities on the included vacant lot currently used as parking. PPINs 9591 & 361758 are included in the sale. Buyer to verify all information during due diligence.

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