FOXRUN- 1335 Foxborough Quadplex
Multi-Family
for Sale
Sale Pending
| Catylist Listing ID: |
30847861 |
| Property Subtypes: |
Duplex/Fourplex
|
| Status: |
Pending |
| Number of Units: |
4 Units |
| Building Size (RSF): |
4,224 SF |
| Gross Land Area: |
0.41 Acres
|
| Sale Price: |
$585,000 |
| Unit Price: |
$146,250 Per Unit |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Usable Size (USF): |
4,224 SF |
| Sale Terms: |
Cash to Seller, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/14/2023 |
Overview / Comments
|
INVESTOR ALERT! Income producing quadplex located in the desirable neighborhood of Fox Run off 9 Mile Rd. in Pensacola, FL. This property is centrally located near The University of West Florida, Navy Federal Headquarters, and walking distance to Scenic Hills Country Club and Golf Course. This property is a perfect way to start or add to your rental portfolio as 3 units in this quadplex are currently occupied and will have cash flow immediately. This leaves 1 move in the ready unit available should you choose to HOUSE HACK! Live in one unit while tenants create revenue to pay your mortgage. The average rent of the 3 leased properties is over $1,000.00/month per unit with potential for increases to reach market value rent closer to $1400/month. Each townhouse is two stories with 2 bedrooms and 1.5 bathrooms. The units are approximately 1,050 square feet and have a great floor plan featuring an open living room with a half bath downstairs. Fully equipped kitchen furnished with a stove, oven, dishwasher, and refrigerator. Sliding glass doors in the living room leads to your private fenced in courtyard. There are 2 large bedrooms upstairs with a Jack and Jill style bathroom. Washer and dryer hookups in the home. Each unit has its own driveway to accommodate residents. New roof put on in 2019. Units in this subdivision have sold for $175-180k per unit recently. These properties are well maintained and have been professionally managed. Don't miss out on this exceptional opportunity to own a quadplex in Pensacola, FL. The combination of its prime location, well-designed units, and income potential make it an enticing prospect for both seasoned investors and those seeking to enter the real estate market. Act now and secure your future in the thriving Pensacola real estate scene!
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Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Taxing Authority: |
County MSTU |
| Tax ID/APN: |
061S302001050002 |
| Zoning: |
MDR |
| Percent Occupied: |
75% |
| Property Located Between: |
Scenic Hills Country Club, Fox Run Rd |
| Highway Access: |
9 Mile Rd. Short distance to Hwy 29 and Davis Hwy |
| Airports: |
Pensacola International Airport |
| Site Description: |
Foxborough Subdivision tucked away between Scenic Hills Country Club and the busy 9 Mile Rd corridor. Nice area to walk |
| Area Description: |
Foxborough Subdivision tucked away between Scenic Hills Country Club and the busy 9 Mile Rd corridor. Close proximity to shopping, dining, banking, medical facilities and many businesses. Short distance to Davis Hwy with access to Interstate 10 and within a couple miles of the University of West Florida campus |
| Total Number of Buildings: |
1 |
| Property Condition: |
Average |
| Number of Stories: |
2 |
| Year Built: |
1984 |
| Roof Type: |
Hip |
| Construction/Siding: |
Brick/Vinyl Siding |
| Exterior Description: |
2 Story Brick/Vinyl siding. 4 townhomes side by side. End units have fireplaces. All units have open patios and fenced back yards. |
| Parking Ratio: |
2 (per 1000 SF) |
| Parking Type: |
Surface |
| Parking Description: |
each unit is assigned 2 parking spots, guest parking available |
| Total Parking Spaces: |
8 |
| Laundry: |
In Each Unit |
| Sprinklers: |
None |
| Heat Type: |
Electricity, Hot Water |
| Heat Source: |
Central |
| Fuel: |
Electric |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable |
| Interior Description: |
Each unit has the kitchen, combo living/dining, laundry closet and 1/2 bath on 1st floor. 2nd floor has 2 bedrooms and 1 full bath. |
| Zoning Description: |
Multifamily, dense residential |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
Escambia County Property Appraiser
061S302001050002 - Full Legal Description
LT 5 BLK B FOXBOROUGH PB 12 P 34 BEING A PART OF LTS 11 AND 12 BLK 1 NATIONAL LAND SALES PLAT DB 89 P 274 OR 8532 P 365 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,135 |
46,270 |
107,773 |
| Median Age: |
41.71 |
36.88 |
38.18 |
| Households: |
3,319 |
18,796 |
43,111 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
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