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Listed by Justin Schwartz • Key Impressions LLC
$ 300,000
Est. payment | /mo
1,830 SqFt
$ 300,000
Est. payment | /mo
1,830 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,830 sqft
Price per Sqft $163
MLS Listing ID 613139
HOA Y/N No
Year Built 1983
Property Sub-Type Duplex
Source Pensacola MLS
Property Description
An excellent opportunity to establish or expand your Pensacola rental portfolio with two 3-bedroom, 1-bath residences offering fenced backyards, practical storage, and convenient access to everyday amenities. Current rents of $1,125 per unit provide a combined monthly rental income of $2,250, or $27,000 in annual gross rent before expenses and vacancy. Both units offer cottage-style charm with open living areas and breakfast-bar kitchens featuring granite-look countertops. Interior updates were completed in 2013, both units have been repainted within the past five years, and vinyl flooring was installed in one unit in 2022. A new roof was installed in 2022, providing an important recent capital improvement. Each unit also features a concrete patio leading to a fenced backyard, along with covered storage and washer and dryer hookups for added functionality. Additional highlights include a clear wood-destroying organism inspection report and a convenient location just minutes from UWF, shopping, medical facilities, Pensacola International Airport, and other key destinations throughout the greater Pensacola area. With established rental income, practical layouts, outdoor space, and meaningful updates already in place, Units C and D offer an appealing opportunity for investors seeking a functional Pensacola rental property. Buyer to verify current rents, occupancy, lease terms, and operating expenses.
Location
State FL
County Escambia - Fl
Interior
Interior Features Baseboards
Heating Multi Units, Central
Cooling Multi Units, Central Air
Flooring Vinyl, Carpet
Appliance Dishwasher, Refrigerator
Exterior
View Y/N No
Roof Type Composition
Building
Lot Description Central Access, Interior Lot
Faces From 9 MILE RD Just West of COPTER RD, South on MABEL
Story 1
Water Public
New Construction No
Others
Tax ID 141S301101005003
Schools and Properties Nearby
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