Cash to Seller, Purchase Money Mortgage, Sale/Leaseback
Cap Rate:
Undisclosed
Last Updated:
10/11/2024
Overview / Comments
Discover an exceptional investment opportunity with a RENTAL INCOME opportunity of OVER $115,000 annually! Nestled in the heart of East Hill, this property consists of two charming duplexes with BRAND NEW ROOFS. The units feature original brickwork and gleaming hardwood floors, blending historic charm with modern luxury. This FULLY FURNISHED 4-unit property offers a mix of executive rentals, including a 2 bed/2 bath currently renting month-to-month at $3,200, a 2 bed/1 bath, and two 1 bed/1 bath units at $2,250. Each unit is turnkey, ideal for short-term rentals, making it a versatile investment with immediate earning potential. Residents enjoy a shared outdoor entertainment area, a community laundry room, and all utilities are conveniently covered by the owner. Located in vibrant East Hill, this property is just minutes from Downtown Pensacola, Publix, local dining, breweries, and the famous Three Mile Bridge leading to Pensacola Beach. With its blend of timeless character and modern amenities, this fourplex is a standout investment in one of Pensacola's most desirable neighborhoods. Whether you're looking to expand your portfolio or capitalize on the lucrative short-term rental market, this property offers incredible opportunity and prime location. Don’t miss your chance to own a piece of East Hill’s thriving real estate market!
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