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130 E 9 Mile Rd

Pensacola, FL 32534

$529,000 $2,230/Mo

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Description

Income-producing 4-plex located in a highly desirable area off 9 Mile Road near Highway 29! Each unit features 2 bedrooms and 1 bathrooms, offering strong rental appeal and consistent cash flow from day one. All four units are currently occupied with established leases in place: Current gross monthly income is $4,780, providing immediate returns with built-in upside potential. With lease expirations staggered throughout 2026, an investor has the opportunity to gradually increase rents to market rates while maintaining occupancy. Unit offers added flexibility, as it is converting to a month-to-month lease creating a prime opportunity for an owner-occupant to move in using a VA loan or for an investor to quickly adjust rents to market value. This property is ideally positioned less than on e mile from the new Costco currently under construction which will bring significant growth, increased traffic, and long-term appreciation potential to the area. Conveniently located near shopping, dining, schools, and major commuting routes. Perfect opportunity for investors looking to expand their portfolio or for owner-occupants seeking to “house hack” and offset their mortgage with rental income. Don’t miss your chance to own a performing asset in one of Pensacola’s fastest-growing corridors! PLEASE DO NOT DISTURB TENANTS Buyer to verify all measurements and listing description

Property Details

Property Type : Residential Income

Price : $529,000

AD Id : 78055775

MLS Id : 682241

Year Built : 1984

County : Escambia - Fl

Map

What's Nearby

Nearby Areas

Features

Roofing Information

Shingle
Interior Features

Roof: Shingle
Heating & Cooling

Heating: Central

Building Information

Year Built: 1984 Construction Materials: Frame
Exterior Features

Porch: Porch
Fencing

Partial

Lot Information

Lot Description: Cul-De-Sac Lot Size Units: Acres Stories: 1

Property Information

Property Type: Residential Income Sub Type: QuadruplexSubdivision: None

Listing Price Information

Original Listing Price: $529000

Tax Information

Parcel Number: 081S301003031031

Elementary School: Mcarthur

Junior High School: FERRY PASS

Senior High School: Tate
Location Information

Direction: West on 9 Mile Rd. Take right at unmarked street before Vannoy's Tires on north side of street. Unit are behind Vannoy's Tires on right side of unmarked street.

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