Strong Investment Opportunity! Updated Duplex! Live in 1, rent the other OR rent both. Potentially room to build or add 3rd rental as a previous owner did. Large Corner Lot .34 acre with Large Shed- Power, Water, Seller rented 1/2 of shed for storage @ $50 a month. Unit (A) has 2 bedrooms & 1 1/2 baths with the following updates: Vinyl Plank Flooring and Fresh paint Throughout; Walk-In Tile Shower; Vanity; Toilet; Updated Kitchen Cabinets; Electric TANKLESS Water Heater. Nice Laundry room with Washer/Dryer that conveys. Refrig also conveys. Unit (B) has 2 bedrooms & 1 bath with the following: New Carpet in bedrooms; Walk-In Tile Shower; Vanity, Toilet, Fixtures; Fresh Paint; Gas TANKLESS Water Heater; Refrig also conveys. Floorplan is split, the back bedroom has an additional bonus room. A back door leads to a large backyard. Lots of space for your tenants or family to spread out & enjoy the mature trees & shade. Seller did a preventative termite treatment by Extreme Termite & Pest Control on 2/28/24. The current seller rented Unit A for $1,300. Unit B housed a family member but should bring an additional $1,300 with a strong rental market. Lender recommendation can be made for someone interested in purchasing to occupy one side while renting the other and still qualify for a First-Time Home Buyer loan! So many possibilities with this great property and amazing return on investment! *Please note the property goes back to the fence line on the North Side of the property. Seller is offering a $5,000 credit for closing costs/updates/etc.
Property Type :
Residential Income
County :
Escambia
Style :
Residential Income
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ByOwner last updated this listing 04/28/2024 @ 13:53
MLS: 639616
LISTED BY: Natasha Tidwell, Levin Rinke Realty
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.
