Investers!! Incredible opportunity to own the Edgewater Park in Lillian, Alabama!! Zoned RMF-6 (Multi Family) and 192' of waterfront on Perdido Bay, Residential home and 5 Rental Apartments. Home could be added to rental program to increase rents. Survey on file! Property has potential to increase rental units as well as the possibility of turning this into a vacation rental hot spot! Steady income and regular rental history. Apartments have new sewer connection June 2021, home is on septic. Endless opportunities for this amazing location! 11 miles to Sandy White Gulf Beaches. Approximately 2 miles to Public, Lillian Boat Launch. Perdido Bay leads to Orange Beach, Gulf Shores and the Gulf of Mexico.
Listing courtesy of eXp Realty Southern Branch.
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