Bought with Mary Catherine Richardson • Levin Rinke Realty
$595,000
$649,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
3,286 SqFt
SOLD DATE : 04/12/2022
Key Details
Sold Price $595,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,286 sqft
Price per Sqft $181
Subdivision East King Tract
MLS Listing ID 602347
Sold Date 04/12/22
HOA Y/N No
Originating Board Pensacola MLS
Year Built 1908
Property Description
Investors Alert ! Great rental income of 4 units in the Best Location in Pensacola downtown: can walk to restaurants, bar, store, 15 minutes from Pensacola beach. No restrictions for Airbnb!! The property has 3 apartments and 1 studio apartment. Unit A has 2 bedrooms and 1 bathroom and a kitchen. Unit B has a living room kitchen combo, 1 bathroom and half room that can be used as a closet or an office. Unit C is 1 bedroom and 1 bath without a kitchen and is used as an Airbnb, everything inside convey. This unit is constantly booked all year, approximately annual income $ 25,000. Unit D is upstairs and has 2 bedrooms, a kitchen and dining room and a nice balcony,. There are 2 separate rooms with their own entrance that are used as storage right now one room has half bathroom and they can both potentially become another 2 units. The house has great bones and it has been updated and maintained: has newer plubliming, copper wiring, a brand new roof was put on a couple weeks ago, the are 4 AC Heat Pump and there are few years old, keeps the electric bill low, each unit has its own electrical meter. 3 bathrooms have been remodeled and the inside of the house has been painted. The backyard is big enough to build another guest house. The property is located a couple blocks from the new construction "The Village at Wright Street". This property has a lot of income potential, it just needs some cosmetic updates to make it look fabulous. Future performance income $10,000 per month for airbnb 4 units. An inspection was done last week, inspection report available. The property has a Termite bond.
Location
State FL
County Escambia
Zoning Res Multi
Interior
Interior Features Cathedral Ceiling(s), Office/Study
Heating Multi Units, Central
Cooling Ceiling Fan(s), Multi Units, Central Air
Flooring Hardwood, Tile
Fireplaces Type Two or More
Fireplace true
Appliance Water Heater, Tankless Gas Water Heater, Dryer, Washer
Exterior
Fence Back Yard
Waterfront No
View Y/N No
Roof Type Shingle
Building
Lot Description Central Access, Corner Lot
Faces Going south bound on I-110, take exit 1A and follow signs for Gregory Street. Merge onto E Gregory Street and turn right onto N Alcaniz. Then turn right onto E Wright St and then right to N 6th Ave and left on E Jackson house is on the corner.
Story 2
Water Public
Structure Type Wood Siding, Frame
New Construction No
Others
Tax ID 000S009020003011
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
amandabacchieri.real@outlook.com
8291 Championsgate Blvd, Championsgate, FL,, 33896