Income Producing Living with 2 HOMES - one to live in, one for an investment! Less than 4 Miles from the BEACH! Unique Gulf Shores Home and Cottage located within walking distance to the planned Waterway Village District area! Located just 1 street over from the Intracoastal Canal, you can be within easy walking distance to the City of Gulf Shores planned Waterway Village District. See attached documents to explore what the future could be, with restaurants, shopping, biking, a recreation area, as well as the planned walking/biking bridge that will connect Waterway Village North and South. Just 4 miles to the sugary sand and crystal waters of Gulf Shores beaches, and 3 miles to the Gulf Shores State Park. Originally built in 1978 with sturdy cement block and 2x4 trusses, this home is better than new, with tons of upgrades, including a new metal roof, new vinyl plank flooring, new 4 Ton Seer 14 AC that includes new ductwork. A spacious new front porch adds to the country charm, while a new screened-in back porch allows for extra entertaining space and relaxation. MAN CAVE/workshop/storage with tons of room for storage and for those special projects, with a separate front and back entranceway. At apx. 2000 sq ft., the main house is a spacious 4BR/2BA. PLUS, the cottage is an additional 900 sq ft, 2BR/1Ba home great for RENTAL INCOME or a Mother-In-Law cottage with a brand new roof, charming tongue and groove pine ceilings in several rooms and new soft-cushion, waterproof flooring. For convenience of renting, Cottage has a separate electric meter, and a new, oversized screened in front porch to enjoy our balmy weather. NO CARPET in either home! Property sits on two lots, with mature shrubs, and a separate driveway for each house. Seller requests that all buyers present a pre-qualifying letter prior to veiwing property.