Multi Family Investment in Pensacola!
Multifamily | 2 Units
Marketing description
Don't miss this fantastic investment opportunity featuring two charming homes on one lot in the desirable Myrtle Grove neighborhood. With a sale price of $229,000, this property offers a single-family rental portfolio with great income potential.
The buildings total 1,880 SF, and are currently rented, providing immediate returns for investors. Additionally, the location is convenient, close to schools, grocery stores, and healthcare facilities.
Recent roof replacements for both homes add to the property's appeal, ensuring low maintenance costs for the new owner. Whether you're looking to expand your rental portfolio or start your real estate investment journey, this multifamily offering in Pensacola is a must-see!
Nearby attractions such as the Naval Aviation Museum and the stunning beaches of Perdido Key. For prospective Multifamily / Single Family Rental Portfolio investors, the diverse range of amenities and the appeal of this growing coastal city make the location an attractive choice.
Two Houses, One Price! Two parcels and two houses. 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.
Investment highlights
- 1,880 SF building with 1 unit
- Built in 1940
- Zoned MDR
- Located in Pensacola
- 100% occupancy
- Strong rental history
- Ideal for portfolio investment
- Income-generating asset
- Desirable location
- Spacious unit
- Proven rental income
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