Bought with Cinnamon Reed • KELLER WILLIAMS REALTY GULF COAST
$261,000
$279,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
1,762 SqFt
SOLD DATE : 05/14/2024
Key Details
Sold Price $261,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,762 sqft
Price per Sqft $148
Subdivision Colony Park
MLS Listing ID 632384
Sold Date 05/14/24
HOA Y/N No
Originating Board Pensacola MLS
Year Built 1969
Property Description
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.
Location
State FL
County Escambia
Interior
Heating Central
Exterior
View Y/N No
Roof Type Shingle
Building
Lot Description Corner Lot
Faces From Scenic Hwy: Head northwest on Langley Ave toward Avenida Marina Turn right onto Sanders Ave Turn left onto Bakalane Ct Destination will be at the end on your left
New Construction No
Others
Tax ID 311S302800210001
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