Two Homes | One Price!

Multi-Family for Sale
Catylist Listing ID: 30859574
Number of Units: 2 Units
Building Size (RSF): 1,880 SF
Gross Building Area: See Agent
Gross Land Area: 0.41 Acres
Sale Price: $269,000
Unit Price: $134,500 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2024

Overview / Comments

Two houses, one price! Both of these house sit on one lot, however there is an additional lot to the south that is included. The acreage information reflects the total for both.

907 N 57th rents for $1,095 per month with a lease expiration on 29-Feb-24. The current tenant has been there since 26-Sep-20.
909 N 57th rents for $825 per month with a lease expiration on 29-Feb-24. The current tenant has been there since 9-Mar-23.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 352S302500150012
Percent Occupied: 100%
Property Located Between: Jackson St. and Lillian Hwy
Highway Access: 1.7 Miles to US 90 aka Mobile Hwy
Airports: 8.3 Miles to Pensacola International Airport
Site Description: Great neighborhood. Both homes have back yards for kids and pets to play.
Area Description: These properties are located on 2 parcels on 57th Ave in the Myrtle Grove neighborhood of Pensacola, Fl. It is close to schools, grocery stores, healthcare and more.
Total Number of Buildings: 2
Property Condition: Good
Number of Stories: 1
Year Built: 1940
Roof Type: Gable
Construction/Siding: Block
Exterior Description: The roof on 907 was replaced in 2019 for the house and 2018 for the shed. The roof on 909 was replaced in 2016.
Heat Type: Electricity, Natural Gas
Heat Source: Central, Wall Units
Fuel: Gas
Air Conditioning: Window Unit
Internet Access: Cable
Interior Description: Both houses being on one parcel, they share one water meter. They do have separate electric service, and 907 has gas service for the central HVAC and water heater. 909 has window AC units.
Legal Description: LTS 15 16 BLK 12 MYRTLE GROVE PARK PB 1 P 22 OR 6628 P 1629

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,868 69,697 138,433
Median Age: 40.01 35.65 36.02
Households: 5,377 27,064 51,635


Photograph of Listing Agent

Wendi Summers Sampson

Bay City Realty LLC Gulf Coast CMLS Member
Photograph of Listing Agent

Mehdi Moeini

Bay City Realty LLC Gulf Coast CMLS Member
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