
Courtesy of: Rick Carruth, eXp Realty, LLC Gulf Shores Br, rick_carruth@yahoo.com
$549,900
|
8 bed
|
|
4.00 Bath (4 Full)
|
|
Other
|
$549,900
9330 Pinewood Avenue Units 1, 2, 3, 4 Calling all investors! Fourplex apartment building located in Elberta offering immediate rental income with value-add potential. Property consist of two upstairs units and two downstairs units, each featuring two bedrooms and one bathroom, approximately 825 square feet. Current rents total approximately $5, 400 per month, with rent including power, water, sewer, trash, and pest control. Shared laundry facilities on-site. The exterior received updates following Hurricane Sally, including new siding, a metal roof, updated porches, staircases, and newer grinder pumps. Convenient and quiet location, and just minutes to town, shopping, dining, and approximately 10 miles from the Gulf Coast beaches. Property is being sold as-is. Seller is a licensed Alabama real estate agent. The listing agent is related to the seller. Buyer to verify all information during due diligence.
Courtesy of: Rick Carruth, eXp Realty, LLC Gulf Shores Br, rick_carruth@yahoo.com
Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.