201 E Magnolia Street

Excellent opportunity just one block from the heart of downtown Bay Minette! This solid brick 4-bedroom, 1.5-bath home offers flexibility and strong upside, whether you’re looking for immediate rental income, a fix-and-flip, or a future personal residence. The property is currently tenant-occupied on a month-to-month lease, giving the buyer the option to keep the tenant in place and enjoy continued cash flow, or have the home vacated for renovations or owner occupancy. When previously listed as a rental, the home received a very high number of applicants, providing strong evidence of consistent rental demand and minimal vacancy risk in this prime location. Built on a slab with durable brick construction, the home features several recent updates, including all new electrical fixtures installed in February 2024. The kitchen and laundry are equipped with brand-new appliances as of February 2024, including a stove, refrigerator, and stackable washer and dryer—an attractive upgrade for both tenants and future buyers. With its walkable proximity to Bay Minette’s square, proven rental appeal, and flexible use potential, this property is a smart addition to an investment portfolio or a great candidate for someone looking to add value and make it their own. Property is in a Rental Management Company, please allow 48 hours for Showings and don't walk around the property without an approved showing and a licensed Realtor. Buyer to verify all information during due diligence.