











Description
INVESTOR ALERT! This is a perfect property for someone who is trying to build a decent real estate portfolio or add to your current PORTFOLIO. Real estate has always been a great hedge against inflation(not financial advice) that can bring in POSITIVE CASH FLOW if done right. This special property is Zoned C-1. Two story main house currently used as a rental property. Per seller, there are seven rooms rented at a rate of $600.00 per month. Also included with this sale are two additional apartments that are also used as rental units. One of the apartments rents for $800.00 per month, and the other three bedroom, two bath apartment rents for $1,200 per month. There is also a workshop/storage which includes a bath and has been rented in the past. Seller owns a parcel of property behind this property which includes another apartment that is also included with the sale. Total monthly rental income is over $6,000 per month. There are no leases so the tenants can remain or move with notice. The seller manages the rentals so there is no management company involved. The seller pays approximately $600.00 to $700.00 per month for utilities. Seller recently installed a new 1100 gallon septic tank and replaced the roofs on the main house and apartments. The seller owns three parcels of property, one behind this property and one on the left of this property. Call today to make your appointments. This cash cow won`t last long!
Nearby Schools
Myrtle GroveElementary School
WarringtonMiddle School
EscambiaHigh School
Other Properties
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Courtesy of: KELLER WILLIAMS REALTY GULF COAST Copyright 2022 by the Multiple Listing Service of the Pensacola Association of Realtors. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Updated: 1st July, 2022 10:48 AM (UTC)