Property Description
Cash-Flowing Investment on a Large Corner Lot! Situated on a spacious corner lot just off Cowan Lorraine Road, this property puts you minutes from shopping, dining, entertainment, and boating รข?? with the white sand beaches and salty Gulf breezes just a short drive away, all outside the flood zone. The 3-bedroom, 1-bath brick home is currently tenant-occupied at $1,200/month on a lease through May 2027, giving you immediate cash flow with taxes of just $1,274/year. A storage shed/workshop adds extra utility for tools, toys, or hobby space. Buy now as a turnkey rental, then step into your own personal home on the coast when the lease ends. Please allow 24 hours' notice for all showings out of respect for the current tenant.
Property Features
Feature Descriptions
Listed By / Sold By
Listed By
Agency Name: Coldwell Banker Alfonso Realty-Lorraine Rd
Agency Phone: 228-215-1861
Shown By
Agent Name: Nancy C. Moore
Agent Phone: (901) 277-0478
Agency Title: Crye-Leike Real Estate Services
Sold By
Agency Name: Expect Realty
Agent Name: Jennifer A McKinney
