Nestled in the heart of East Hill, just off N 14th Ave, this property showcases two charming duplexes boasting original brickwork and hardwood floors, ideal for investors seeking prime real estate. With a total of four Luxury Executive Rental units, comprising a 2 bed/2 bath currently renting month to month for $3200/mth, a 2 bed/1 bath, and two 1 bed/1 bath units, versatility meets opportunity. Each unit is fully furnished with high-end furnishing, turnkey, and currently utilized as short-term rentals, presenting a lucrative potential gross income of $118k annually. Residents benefit from an outdoor entertaining space, community laundry room, and the convenience of all utilities covered by the owner. Strategically located in the vibrant East Hill neighborhood, mere miles from Downtown Pensacola, Publix, diverse dining options, craft breweries, the iconic Three Mile Bridge, and the sandy shores of Pensacola Beach, this property epitomizes convenience and accessibility. With its blend of historic charm and modern amenities, coupled with its income-producing potential, this fourplex is a standout investment opportunity in Pensacola's desirable East Hill district. Don't miss your chance to own a piece of this prime real estate market.
Property Type :
Residential Income
Subdivision :
New City Tract
County :
Escambia
Style :
Residential Income
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ByOwner last updated this listing 04/28/2024 @ 05:57
MLS: 641623
LISTED BY: Travis Talley, KELLER WILLIAMS REALTY GULF COAST
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.
