Investor's Package House North U St

Multi-Family for Sale
Catylist Listing ID: 30151214
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 1,314 SF
Gross Land Area: 0.18 Acres
Sale Price: $26,000
Unit Price: $13,000 Per Unit
Property Use Type: Investment
Building Name: Wessel Properties - 1009 North U St
Usable Size (USF): 1,314 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2017

Overview / Comments

Investor's Bonanza. This unit supports a strong rental rate for the market it is in. Between the 2 units, one currently rents for $400/mo and the other rents for $300/mo. This house is part of a package, but may be sold separately if so desired. The total package consists of 3 mobile home parks and 3 stand-alone houses. The owner will sell the minor parks or houses as individual transactions, but will only sell the Main park as part of a full package.
Other Package Properties: (Individual Parcel Pricing)
- 481S306101001002 - Mobile Home park - 613 Phyllis St- $328,500 (Main)
- 342S300360002036 - Mobile Home park - 1407 Border St - $99,900
- 342S300330004033 - Mobile Home park - 312 Dogwood St - $35,500
- 372S309001191005 - House - 40 Kennington Dr - $38,500

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 00-0S-00--9060-017-216
Zoning: MDR
Property Located Between: W Desoto St and W Gonzalez St
Highway Access: 2 Blocks from W street
Airports: Pensacola International Airport
Site Description: Quiet Neighborhood Between T and W streets
Total Number of Buildings: 1
Property Condition: Fair
Number of Stories: 1
Year Built: 1918
Year Renovated: 1944
Roof Type: Gable
Construction/Siding: Wood Siding
Exterior Description: Typical wood siding construction
Parking Type: Surface
Parking Description: Driveway beside house
Total Parking Spaces: 2
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Window Unit
Internet Access: Cable
Zoning Description: MDR - Medium density residential
Lot Frontage: 61'
Lot Depth: 125'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: Standard Utilities
Land Ownership: Owned
Legal Description: LTS 17 18 BLK 216 WEST KING TRACT OR 5543 P 1043 CA 138

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,385 72,908 153,347
Median Age: 39.28 36.82 37.83
Households: 4,751 29,054 59,857


Photograph of Listing Agent

Glen D Fielder

EXIT Realty NFI - Pensacola Gulf Coast CMLS Member
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