Bought with Stacey Rising • Better Homes And Gardens Real Estate Main Street Properties
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251 S N St Pensacola, FL 32502
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Key Details
Sold Price $186,842
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,175 sqft
Price per Sqft $159
Subdivision Maxent Tract
MLS Listing ID 574280
Sold Date 07/21/20
Bedrooms 4
Full Baths 2
HOA Y/N No
Originating Board Pensacola MLS
Year Built 1938
Lot Dimensions 60x125 Irr
Property Description
Investors alert! $5,000 seller’s credit towards a new roof with an acceptable offer! Owner financing available! Would you like to live for free? You can live in one unit and have your tenant pay for your mortgage. A stabilized investment opportunity with 9 percent investment return with an upside to increase below market rents to a prevailing market rent. Completely remodeled in 2018-2020, including new electric, plumbing, doors, windows, flooring, cabinets, fixtures, window units, exterior and interior paint, luxury vinyl plank flooring, stainless steel appliances in 251, W/D hookups inside, very private back yard with a little patio and a new privacy fence. Newly finished development of a single family houses with great curb appeal, Romana Square, across the street, more development coming soon to this area, a new Kiwanis community park with a beautiful playground, basketball, and softball fields two blocks away. It is only minutes away from the heart of thriving downtown Pensacola, Blue Wahoos Stadium, fast growing and developing area, very close to famous tourist attractions, businesses, entertainment, and the proposed new waterfront development, I-10 Interstate, less than 6 miles to NAS, 6+ miles to the airport, 10 miles to amazing Pensacola Beach, 12 miles to University of West Florida. Potential Rent $875/mth for unit 261 and $1,000 for unit 251(when fully furnished), taxes $840.00/yr, insurance $650.00/yr (big discount for hurricane shutters). This is a great investment opportunity!
Location
State FL
County Escambia
Zoning City,Res Multi
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Flooring Luxury Vinyl Tiles
Appliance Electric Water Heater, Electric Cooktop, Refrigerator
Exterior
Garage Driveway
Fence Back Yard, Privacy
Pool None
Waterfront No
Waterfront Description None, No Waterfront Features
View Y/N No
Roof Type Composition
Parking Type Driveway
Garage No
Building
Lot Description Interior Lot
Faces W Garden St going W turn L on S N St. Duplex is at R
Water Public
Structure Type Block Siding, Block
New Construction No
Others
Tax ID 000S009080018102
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