Catylist ID:
#30872948
| Catylist Listing ID: | 30872948 |
| Property Subtypes: | Duplex/Fourplex |
| Number of Units: | 8 Units |
| Building Size (RSF): | 7,696 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.49 Acres |
| Sale Price: | $1,100,000 |
| Unit Price: | $137,500 Per Unit |
| Property Use Type: | Investment |
| Building Name: | Pearson Apartment Complex |
| Sale Terms: | Cash to Seller |
| Average Occupancy Rate: | 100 |
| Last Updated: | 7/15/2024 |
Overview / Comments
|
Property Description on Great investment opportunity with this multi family sale in the cozy neighborhood of Myrtle Grove in Pensacola, Fl. Well-maintained, 7,696 Total SF, zoned MDR (Medium Density Residential) and has 8 units (2 – fourplexes). Strong rental income potential, add this property to your investment portfolio! Location Description Great investment opportunity in the Myrtle Grove neighborhood of Pensacola, Fl. Pearson Road is just off Fairfield Drive which is a very busy thoroughfare through Pensacola. Military bases are close by; 3 miles to Saufley Field, 4.4 miles to Corry Station and 8 Miles to NAS Pensacola. Along with access to restaurants and retail, beautiful Osceola Municipal Golf Course is just 2 miles and the Bayou Marcus Birding Trail just 1.5 miles. Exterior Description New roof post Hurricane Sally - 2021 New Siding Parking lot gravel addition and leveling Interior Description Each of the 8 units have 2 bedrooms and 2 bathrooms and are 962 +/- sf. Interior improvements include: Unit A- New Fridge, New Carpet, new water heater Unit B- new water heater, new Tile flooring, new HVAC, stove and fridge Unit C- New Tile Flooring, cabinets, water heater, countertop, fridge, HVAC, vanity Unit D new water heater, vanity Unit E new carpet, fridge and stove Unit F- new cabinets, counter tops, fridge, stove, dishwasher, water heater Unit G- New HVAC, plank flooring, fridge Unit H- New HVAC, plank flooring, vanity |
Attachments & Media
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Taxing Authority: | Escambia Couty |
| Tax ID/APN: | 102S312002002001 |
| Zoning: | MDR |
| Percent Occupied: | 1,005% |
| Highway Access: | Hwy 90 2 Miles Interstate i-110 6 Miles |
| Airports: | 8.6 Miles from Pensacola International Airport |
| Total Number of Buildings: | 2 |
| Property Condition: | Excellent |
| Number of Stories: | 2 |
| Year Built: | 1985 |
| Year Renovated: | 2022 |
| Roof Type: | Gable |
| Parking Type: | Surface |
| Laundry: | In Each Unit |
| Sprinklers: | None |
| Heat Type: | Electricity |
| Heat Source: | Central |
| Fuel: | Electric |
| Air Conditioning: | Package Unit |
| Internet Access: | Cable |
| Zoning Description: | MDR |
| Lot Frontage: | 133 |
| Lot Depth: | 150 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | Escambia County Property Appraiser 102S312002002001 - Full Legal Description BEG AT A PT ON N LI GOVT LT 3 OF SEC AND 557 15/100 FT E OF ELY R/W LI PATRICIA DR BEING SE COR LT 6 BLK B MYRTLE GROVE WEST UNIT 1 PB 7 P 41 N 0 DEG 30 MIN W ALG ELY LI OF SD S/D 158 29/100 FT S 45 DEG 30 MIN E 40 FT N 89 DEG 30 MIN E 241 71/100 FT N 0 DEG 30 MIN W 110 FT N 89 DEG 30 MIN E 5 FT N 0 DEG 30 MIN W 30 FT TO POB CONT N 0 DEG 30 MIN W 150 FT N 89 DEG 30 MIN E 153 76/100 FT TO WLY LI MYRTLE GROVE W UNIT 3 PB 8 P 11 S ALG SD WLY LI 126 50/100 FT S 89 DEG 30 MIN W 132 66/100 FT S 0 DEG 30 MIN W 23 50/100 FT S 89 DEG 30 MIN W 20 FT TO POB OR 8595 P 402 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,741 | 63,975 | 135,217 |
| Median Age: | 36.23 | 35.99 | 36.57 |
| Households: | 3,729 | 24,332 | 51,564 |
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