9330 Pinewood Ave Unit Units 1,2,3,4, Elberta, AL 36530

$465,000
8
BD
4
BA
3,300
SqFt
Sold Price
$465,000
List Price
$479,900
Closing Date
Apr 21, 2026
Status
CLOSED
MLS#
391280
Bedrooms
8
Bathrooms
4
Living Area
3,300
County
Baldwin
Region
Baldwin
Subdivision
Petersons Point
Legal Description
88.7' X 140' PINEWOOD SHORES SUB PETERSON PT BLK 5 LOT 23-24
Year Built
1968

Property Description

Calling all investors! Fourplex apartment building located in Elberta offering immediate rental income with value-add potential. Property consist of two upstairs units and two downstairs units, each featuring two bedrooms and one bathroom, approximately 825 square feet. Current rents total approximately $5,400 per month, with rent including power, water, sewer, trash, and pest control. Shared laundry facilities on-site. The exterior received updates following Hurricane Sally, including new siding, a metal roof, updated porches, staircases, and newer grinder pumps. Convenient and quiet location, and just minutes to town, shopping, dining, and approximately 10 miles from the Gulf Coast beaches. Property is being sold as-is. Seller is a licensed Alabama real estate agent. The listing agent is related to the seller. Buyer to verify all information during due diligence.

Additional Information

Roof
Composition
Appliances
Cooktop, Microwave, Refrigerator, Electric Range
Stories
1

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC Gulf Shores Branch. Selling Office: Brett R/E Robinson Dev OB.

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .