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Listed by Stuart West • Levin Rinke Realty
$ 530,000
Est. payment | /mo
2,924 SqFt
$ 530,000
Est. payment | /mo
2,924 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,924 sqft
Price per Sqft $181
Subdivision Maura Place
MLS Listing ID 640074
HOA Y/N No
Originating Board Pensacola MLS
Year Built 1965
Property Sub-Type Quadruplex
Property Description
Annual income of $49,800 OF RENTAL INCOME each year with these two Duplexes that are on one property with a high potential to bring that to $52,800 a year. All brick. 2/1 (per unit) with potential for an increase in rental income with a little cosmetic work. Unit in pictures is currently vacant. All units look similar. This place is centrally located in the heart of Pensacola close to the mall, airport, Publix and the hospitals. This area is in north East Hill which is a high demand area to live in. This would be a great investment property for anyone. You can even take advantage of Fannie Mae's new program where they only require 5% down if you live in one of the units. There is a Carport and Laundry room for each apartment. ROOF was replaced in November of 2014. There is a new electrical panel for each unit that was replaced in 2020. Age of Water heaters for units are as follows. Water Heater 2022+/- Apt B 2009 Apt A 2018 Apt C, D
Location
State FL
County Escambia
Interior
Heating Wall/Window Unit(s)
Exterior
View Y/N No
Roof Type Shingle
Building
Lot Description Central Access
Faces East on Farfield, left on 10h Ave
New Construction No
Others
Tax ID 042S302007000045
Special Listing Condition As Is
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