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11575 County Road 48
Fairhope, AL 36532
MLS #254797

Residential
  • 3beds
  • 2baths
  • 2,300sq ft
Act $695,000
Est. P&I payment: $2654.43/mo
11575 County Road 48, Fairhope, AL 36532
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Description for 11575 County Road 48, Fairhope, AL 36532
INCOME PRODUCING AND COMMERCIAL POTENTIAL. This listing includes two parcels of land and part of a third totaling 7 +/- Acres. This is an incredible prime 7 acre property and it has tremendous potential. The 7 acres includes 417 feet fronting on County Road 48, The main house was built around 1980 and has been updated and nicely remodeled. The main house has approximately 2,330 sq ft and includes a very nice den (16 x 32 feet) across back of house The main house has central heat and ac. The heat is natural gas. The den has a window heat and cool unit. There are 3 bedrooms and 2 full baths. There is a very nice partially covered open deck on the back side of house. There is a two car garage with two electric garage doors. The garage was built as a storm shelter. Behind the main house is an enclosed barn 60 x 65. There is a 16 x 8 roll up door. There is a small one bedroom one bath apartment. The apartment is approximately 16 x 32. There is a mobile home with 2 bedrooms and 2 baths as well. It received a new roof in 2016.There is a very nice office building. This building could be converted into a rental house as well. This building will need a septic tank, re-plumbing to eliminate polybutylene and finish out bathrooms. Currently the two bathrooms have a toilet and sink only. Further back on the property is a large rental unit approximately 1500 sq ft. This unit is 3 bedrooms with 1 bath and has both a bathtub and a walk in shower. Fronting the side street, Rachel Myers Lane, are three mobile homes. One of the mobile homes has 3 bedrooms and 2 baths. A second mobile home has 3 bedrooms and 1 bath. The third mobile home has 2 bedrooms and 2 baths. The remaining 11 +/- acres are cleared farm land, and are to the back side of the property. There is an ingress/egress on the back side of the farm land allowing a property owner access to a 3 acre parcel of land on the north east corner of subject property. This access is included in the current deed. Rentals produce $3800.
MLS #254797
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My Notes for MLS #254797

General Features

  • Property Type: Resid
  • Area: Fairh
  • Sale/Rent: F
  • Apx Living Area: 2,300
  • Apx Acreage: 7
  • Price Per SQFT: 302.17
  • Construction Status: R
  • Lot/Block/Unit: M&B
  • Intersecting Street: Rachel Myers Lane
  • Furnished: No
  • Lot Size: 7 Acres
  • Apx Year Built: 1980
  • Style: Ranch
  • Construction / Foundation: Piers
  • Energy Saving Features: Ceiling Fan(s),​Extra Insulation,​Roof Turbines
  • Garage: Detached,​Double Garage
  • Governing Municipality: Baldwin County
  • Lot Description: 10-25 acres,​Level,​Some Trees
  • Property Amenities: Automatic Garage Door,​Covered Patio,​Patio,​Vaulted Ceiling
  • Roof: Dimensional
  • Type of Listing: Exclusive
  • Water Property Type: No Waterfront
  • Zoning/Area: Not Zoned,​Outside Corp Limi

Financial Features

  • Parcel ID/Tax ID: 46-06-13-0-000-011.000
  • Incm Producing Potential: 1
  • Property Taxes: 1,163

Interior Features

  • Breakfast Level: M
  • Den Level: M
  • Dining Rm Level: M
  • Kitchen Level: M
  • Living Rm Level: M
  • Breakfast Dimensions: 11x11
  • Den Dimensions: 16x32
  • Dining Dimensions: 14x14
  • Kitchen Dimensions: 10x14
  • Living Rm Dimensions: 12x16 12x16
  • Baths: 2
  • Bedrooms: 3
  • Total Rooms: 10
  • # of Fireplaces: 1
  • Property Interior Stories: One
  • Master Bedroom Level: Main
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Master Bedroom Dimensions: 12x12
  • Bedroom 2 Dimensions: 12x12
  • Bedroom 3 Dimensions: 12x12
  • Appliances: Dishwasher,​Icemaker,​Microwave,​Range-Gas,​Refrigerator,​Smok
  • Dining Area: Breakfast Area-Kitchen,​Separat
  • Fireplace: Gas Logs,​Living Room
  • Floors: Carpet,​Tile,​Wood
  • Other Rooms: Family Room,​Living Room

School Features

  • High School: Fairhope H
  • Elementary School: Fairhope E
  • Middle School: Fairhope M
  • School Area: Fairhope

Exterior Features

  • Boat Facilities: None
  • Exterior Finish: Brick

Community Features

  • Community Amenities: None

Utility Features

  • Heat/Cooling: Central Electric,​Central Electric (Cool),​Cent
  • Utilities: Cable TV,​Gas-Natural,​Satellite,​Sewage-Septic,​Water-City

Location

 
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Directions to 11575 County Road 48, Fairhope, AL 36532
From I-10 at Exit #38 travel south on Hwy 181 approx. 10 miles to the red light as the intersection with Fairhope Ave. This is the intersection where the Fairhope WalMart is located. Turn east on County Road 48 and travel 1 1/2 miles and the property is on the left at the intersection with Rachel Myers Lane. Co Rd 33 intersects from the south as well. Sign is on the property.
The listing information for 11575 County Road 48, Fairhope, AL 36532 was graciously provided by our friends at the listing brokerage, Keller Williams AGC Realty-Da

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P&I Payment $2654.43
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Gulf Shores's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Gulf Shores, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 12/13/2017 at 8:37am
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