$499,000

Welcome HOME to this rare find in Loxley offering endless flexibility and income potential! This fully renovated 2-bedroom home (easily converted to a 3-bedroom) sits on a spacious 0.86-acre lot with no HOA, surrounded by open farmland for peace and privacy.Built of solid cinder block construction and reinforced with sheetrock and insulation, this home offers exceptional energy efficiency and long-term durability. Inside, everything is new; from the roof (2021) and hardy-board siding to windows, doors, paint, and bathrooms featuring a large walk-in shower. The primary suite includes a mini-split system (installed 8/22) for added comfort, and a ceramic-tile patio provides a perfect spot for outdoor relaxation.A commercial-grade workshop, rated for 170 mph winds, sits behind a privacy fence with its own gated entrance. The shop is currently rented for $2,600/month and includes a mini-split system for both the office and the upstairs storage area. This makes it an ideal setup for business, storage, or continued rental income. The main home currently rents for $1,900/month, and both leases are month-to-month, offering flexibility for investors or owner-occupants. With its size and layout, the property also allows for the potential construction of an additional dwelling, offering more storage space or another income-producing unit. The lot is in the process of being subdivided, connected to city water, the septic is ready to be hooked up to city, and the property has a well on-site that can be reactivated for irrigation. Enjoy wide-open views of farmland on three sides while staying just minutes from I-10, downtown Loxley, the Eastern Shore, and a short drive to the beautiful beaches of Lower Alabama. Buyer to verify all information during due diligence.

Amenities

• Bedrooms: 3
• Full Bathrooms: 2
• Partial Bathrooms: 0
• Property Type: Single Family
• Home size: 1,795 ft² / 166.76 m²
• MLS: 7667483
• Status: Pending

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