Pensacola Duplexes for Sale

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30625931
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 4 Units
Building Size (RSF): 4,004 SF
Gross Building Area: See Agent
Gross Land Area: 0.49 Acres
Sale Price: $500,000
Unit Price: $125,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 9.0%
Last Updated: 7/24/2020

Overview / Comments

Great investment to add to your existing portfolio. Both duplexes are currently in year long leases, and are generating $4,000 per month in gross rent, collectively. Newly constructed in 2018, enjoy low maintenance expenses and the remainder of a 10 year structural builder's warranty. Seller is willing to sell each duplex separately. The parcel split will need to be handled by a FL Licensed Surveyor.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia
Tax ID/APN: 181S304315000000
Zoning: HDMU
Percent Occupied: 100%
Property Located Between: Off Olive Rd, west of Davis Hwy
Highway Access: 2 minutes to I-10 via Davis Hwy.
Airports: Pensacola Regional Airport
Area Description: Growing area with close proximity to area medical centers, industrial park, airport, and many other small businesses and local employment.
Total Number of Buildings: 2
Property Condition: Excellent
Number of Stories: 1
Year Built: 2018
Roof Type: Hip
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Parking Description: Parking Pads
Laundry: In Each Unit
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Fuel: Electric

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,303 61,709 145,791
Median Age: 31.1 35.93 38.33
Households: 2,229 25,036 58,359

Contact

Photograph of Listing Agent

Philip Ross

Ross and Co. Gulf Coast CMLS Member
Photograph of Listing Agent

Cory Parker

Ross and Co. Gulf Coast CMLS Member
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