This is a fully occupied and professionally managed multi-family property with a roof installed in 2022 and $24,000 in annual gross rent. The duplex was recently rewired with new copper wiring throughout. All properly screened tenants and written leases in place. Unit A is rented for $1,000 per month, and the lease expires on June 30, 2024. Unit B is rented for $1,000 per month, and the lease expires on September 30, 2024. Owner is paying about $1,500 a year for insurance. It is less than twenty minutes to Pace, local shopping centers, schools, and the airport. Both units have two bedrooms and one bathroom with a separate kitchen and living area. There is a fence around the property, and both sides have a front porch with a fence for privacy. This property is a great opportunity for first time investors or even to add to a seasoned investor's portfolio! Please do not disturb the tenants.
Property Type :
Residential Income
Subdivision :
Colony Park
County :
Escambia
Style :
Residential Income
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ByOwner last updated this listing 04/29/2024 @ 04:50
MLS: 632384
LISTED BY: Zachary Cooper, GRAND REALTY, 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.
