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Listed by David Keen • REALTY MASTERS
$159,900
Est. payment /mo
1,376 SqFt
Price Dropped by $20K
2407 W Lakeview Ave Pensacola, FL 32505
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,376 sqft
Price per Sqft $116
Subdivision Hazlehurst
MLS Listing ID 680167
HOA Y/N No
Year Built 1954
Property Sub-Type Duplex
Source Pensacola MLS
Property Description
INVESTOR ALERT! This is a turn key income producing investment with an attractive cap rate. Each side was previously rented for 825 a month totaling 19800 in income yearly. This duplex produces a 11.6 cap rate without factoring in any repairs or additional expenses aside from taxes. Both units have been freshly updated with new paint, year old tile flooring through out for easy upkeep, and an updated full tile shower bathroom and modern vanity. Update modern vinyl double pane windows. Each side is set up with a large living room when you walk in followed buy a large bedroom and full bathroom in the room next to it. Then the back of the units include a spacious open kitchen with room for dining and a back door to access the backyard. Excellent opportunity to own a reasonably priced duplex that cash flows instantly.
Location
State FL
County Escambia - Fl
Zoning Res Multi
Interior
Heating Wall/Window Unit(s)
Cooling Wall/Window Unit(s)
Flooring Tile
Appliance Electric Water Heater
Exterior
Parking Features Driveway
View Y/N No
Roof Type Composition
Garage No
Building
Lot Description Interior Lot
Faces From Fairfield Dr to South on Pace Blvd. West (Right) onto Lakeview. Duplex on left.
Story 1
Water Public
Structure Type Block
New Construction No
Others
Tax ID 172S301300004034
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