POTENTIAL! Approx. 8.6 ACRES right in town! Convenient location just north of I-10. Large home site and the back 3/4 of the land is wooded and has about 515 feet of creek frontage. This house is a Handyman's Dream and includes 5 bedrooms and 3 full bathrooms, plus a bonus room that can be used as an office, game room, etc. Two of the bedrooms have exterior door entrances, which have great potential for investment income. Eleven Mile Creek flows through the property, and since Hurricanes Ivan, there has been serious road drainage work done north of the property. VERY SPACIOUS HOME, HUGE WORKSHOP with 200-amp service is currently leased to a roofing contractor on a month-to-month basis, and an additional detached barn/garage that has electric service as well. There are two master bedrooms, 3 additional bedrooms, Family room, Laundry room, and mudroom. The family room has a large brick fireplace with a hearth. The home had been updated by the owner prior to the hurricanes and floods of 2014 to include all new baseboards, kitchen, baths, and much more. Tile planks had been installed and other tile throughout the home before that time. The roof had not been replaced, and water continued to leak into the home (see photos), so there is an opportunity to renovate and make changes you want inside. There is a lot of work that needs to be done for the handyman, but it should yield a lot of equity! The house is being sold "AS IS," and the seller is not making any repairs.
Property Type :
Residential
County :
Escambia
Style :
Residential
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ByOwner last updated this listing 04/25/2024 @ 00:50
MLS: 637053
LISTED BY: Mark Porter, OLD SOUTH PROPERTIES INC
SOURCE: Pensacola MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
