Grand Bay AL Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- 2,154
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.34 Acres
- Year built:
- 2017
- Baths:
- 4.00
- MLS#:
- 365290
- Subdivision:
- Grand Bay
ADDITIONAL INFORMATION
Investment opportunity! Are you looking for a solid and low maintenance rental? This could be the one! Even better, would you like to subsidize your housing expenses with rental income? Live in one side and collect rent from the other! This newer, brick home has two units. One is a three bedroom, two bath and the other side is a two bed, two bath with a larger living room and formal dining. Currently, one side is occupied and the tenant would like to remain, so you will get immediate income when you buy! Property is currently professionally managed. This home sits on a great lot and is minutes from the interstate and more. Call to see it today! All measurements are approximate and not guaranteed, buyer to verify. Buyer to verify all information during due diligence.
Grand Bay Real Estate
The median home value in Grand Bay, AL is $235,000. This is higher than the county median home value of $117,400. The national median home value is $219,700. The average price of homes sold in Grand Bay, AL is $235,000. Approximately 72.24% of Grand Bay homes are owned, compared to 9.96% rented, while 17.8% are vacant. Grand Bay real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Grand Bay real estate agent to arrange a tour today!
Grand Bay, Alabama has a population of 4,076. Grand Bay is more family-centric than the surrounding county with 36.54% of the households containing married families with children. The county average for households married with children is 27.18%.
The median household income in Grand Bay, Alabama is $61,925. The median household income for the surrounding county is $45,802 compared to the national median of $57,652. The median age of people living in Grand Bay is 37.6 years.
Grand Bay Weather
The average high temperature in July is 89 degrees, with an average low temperature in January of 38.8 degrees. The average rainfall is approximately 66.2 inches per year, with 0 inches of snow per year.