FOR SALE0.4 ACRES

23888 US Highway 98
Elberta, AL 36530

6 Beds
4 Baths
2,710 sqft (on 0.40 acres)

6 Beds
4 Baths
2,710 sqft (on 0.40 acres)

$379,000

Original price: $399,000

Est. Mortgage $2,174/mo*

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Local Information

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Description

Experience the pinnacle of long-term rental opportunities in the fastest-growing community in Baldwin County! Situated in a prime location, tenants are currently on month-to-month leases, with the potential to transition to 12-month terms depending on negotiation. Each side commands a rental rate of $1,200 per month, but the opportunity exists to increase to $1,850 per month, maximizing your investment potential. This duplex boasts recent upgrades including a new metal roof installed in 2020, a new HVAC system in 2018, and complete replacement of all PEX plumbing in 2022. With these improvements, maintenance concerns are minimized, ensuring peace of mind for landlords and tenants alike. Operating costs are kept manageable, with insurance averaging around $3,000 per year and property taxes totaling $1,300 annually. Don't miss out on this lucrative investment opportunity in a rapidly expanding community!

Home Highlights

Parking

Open Parking

Outdoor

Porch

A/C

Heating & Cooling

HOA

None

Price/Sqft

$140

Listed

65 days ago

Home Details for 23888 US Highway 98

Active Status
MLS Status: Active

Interior Features
Interior Details Number of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Master Bathroom, Dining Room, Kitchen, Living Room
Beds & Baths Number of Bedrooms: 6Main Level Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout Living Area: 2710 Square Feet
Appliances & Utilities Appliances: Dishwasher, Microwave, Electric Range, Refrigerator w/Ice MakerDishwasherMicrowave
Heating & Cooling Heating: Electric,CentralHas CoolingAir Conditioning: Electric,Ceiling Fan(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa Fireplace: NoneNo Fireplace
Gas & Electric Electric: Baldwin EMC
Windows, Doors, Floors & Walls Flooring: Tile
Levels, Entrance, & Accessibility Levels: TwoFloors: Tile
View No View

Exterior Features
Exterior Home Features Roof: MetalPatio / Porch: Front PorchFencing: Fenced
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: None,On Street
Frontage Not on Waterfront
Water & Sewer Sewer: Baldwin Co Sewer Service

Days on Market
Days on Market: 65

Property Information
Year Built Year Built: 2004
Property Type / Style Property Type: ResidentialProperty Subtype: Duplex, ResidentialStructure Type: DuplexArchitecture: Duplex
Building Construction Materials: Concrete, Vinyl SidingNot a New ConstructionAttached To Another Structure
Property Information Condition: ResaleParcel Number: 5407250000002.027

Price & Status
Price List Price: $379,000Price Per Sqft: $140
Status Change & Dates Possession Timing: Close Of Escrow

Location
Direction & Address City: ElbertaCommunity: Cotton
School Information Elementary School: Elberta ElementaryJr High / Middle School: Elberta MiddleHigh School: Elberta High School

Agent Information
Listing Agent Listing ID: 357972

Building
Building Area Building Area: 2710 Square Feet

Community
Community Features: Covered Entry

HOA
No HOA

Lot Information
Lot Area: 0.40 acres

Offer
Listing Terms: Contract

Compensation
Buyer Agency Commission: 2.4Buyer Agency Commission Type: %
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business
Business Information Ownership: Whole/Full

Miscellaneous
Mls Number: 357972Attribution Contact: PHONE: 251-424-5682

Additional Information
Covered Entry

Last check for updates: about 19 hours ago

Listing courtesy of Jonathan Bennett, (251) 424-5682

eXp Realty Southern Branch

Source: Baldwin Realtors, MLS#357972

Price History for 23888 US Highway 98

Date	Price	Event	Source
04/04/2024	$379,000	PriceChange	Baldwin Realtors #357972
Price Change $20,000 (-5%)
02/19/2024	$399,000	Listed For Sale	Baldwin Realtors #357972

11/24/2015	$138,500	Sold	N/A
Recording Date 11/24/2015 County Transfer Tax N/A Total Transfer Tax N/A
10/11/2015	$139,900	Listed For Sale	Agent Provided

08/07/2011	$124,900	ListingRemoved	Agent Provided

12/11/2010	$129,900	PriceChange	Agent Provided
Price Change $5,000 (-4%)
10/09/2010	$134,900	PriceChange	Agent Provided
Price Change $34,100 (-20%)
09/03/2010	$169,000	PriceChange	Agent Provided
Price Change $20,000 (-11%)
08/02/2010	$189,000	PriceChange	Agent Provided
Price Change $50,000 (-21%)
06/07/2010	$239,000	Listed For Sale	Agent Provided

09/26/1997	$75,000	Sold	N/A
Recording Date 09/26/1997 County Transfer Tax N/A Total Transfer Tax N/A

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Property Taxes and Assessment

Year	2021
Tax	$1,117
Assessment	$196,900

Home facts updated by county records

Comparable Sales for 23888 US Highway 98

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
122 W Walnut Ave, Foley, AL	4.37	Multi-Family Home	$41,000	06/13/23	6	4	2,920
9560 Villas Dr #1A, Foley, AL	3.46	Multi-Family Home	$224,500	07/12/23	2	2	1,260
2651 S Juniper St #1005, Foley, AL	4.02	Multi-Family Home	$220,000	06/29/23	3	2	1,335
1901 N Alston St, Foley, AL	4.83	Multi-Family Home	$326,600	03/01/24	4	3	2,062
Breman Rd, Elberta, AL	3.31	Multi-Family Home	$85,000	12/20/23		-	-
107 E Hamm St, Summerdale, AL	7.30	Multi-Family Home	$230,750	09/15/23	4	2	1,625

What Locals Say about Elberta

Jeanette
Resident
1y ago
"Elberta is a wonderful city. The education is amazing. I have 2 daughters. Both the Elementary and Middle School are amazing. Only the thing about Elberta is if you find yourself homeless there is no help. I know I have been homeless for over 5 months. With my children. There are no low income places available."
1
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Vanessa H.
Resident
4y ago
"friendly people. lots of countryside and farms. only 30 minutes to beautiful beaches. near NAS NAS Pensacola so can go watch the Blue Angels practice and buzz the beaches. Lots of things to do for the family "
0
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Aschmitt0725
Resident
4y ago
"It takes about 30 minutes to get everywhere but the roads are all nice and well maintained. The countryside is beautiful. "
0
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Vanessa H.
Resident
4y ago
"Antibiotic free local Angus beef, locally made cheese from Jersey cows, copy of Stonehenge and full size dinosaurs at Barber Marina and let bushwhackers and burgers while your dog can run on the beach at Pirates Cove Only 30 minutes to the Gulf and 35 to NAS Pensacola to see the Blue Angels practice "
0
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Gigi P
Resident
5y ago
"Elberta doesn’t have leash laws as long as the dog comes as you call it. It can be challenging for people who might have on edge dogs, otherwise not too bad. Dog park is technically in foley but less than ten minutes away since it is so near our town. Lots of off streets to walk them so you don’t have to go on busy roads."
10
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Amy J.
Resident
5y ago
"Neighborhood watch, families often walking dogs, everyone seems friendly. We all get together to discuss any issues."
0
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LGBTQ Local Legal Protections

Jonathan Bennett, eXp Realty Southern Branch

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

23888 US Highway 98, Elberta, AL 36530 is a 6 bedroom, 4 bathroom, 2,710 sqft multi-family built in 2004. This property is currently available for sale and was listed by Baldwin Realtors on Feb 19, 2024. The MLS # for this home is MLS# 357972.

23888 US Highway 98
Elberta, AL 36530

$379,000

$379,000

Local Information