Pensacola FL Multi Family for Sale
$775,000
N 10th Ave Pensacola, FL 32503
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Year built:
- 1953
- Baths:
- 3.00
- MLS#:
- 650191
- Subdivision:
- New City Tract
ADDITIONAL INFORMATION
Discover an unparalleled opportunity to own a truly unique multi-family or multi-generational property in the heart of East Hill! Boasting over 4,100 square feet of living space across three separate dwellings, this exceptional home perfectly blends the charm of the old with the conveniences of the new. Each self-contained unit features its own kitchen, bedrooms, and living space, offering endless possibilities for rental income or a spacious homestead for extended family. Recent upgrades in 2022 include brand new electrical throughout, new HVAC systems, two new water heaters, a new roof, and partial plumbing replacements. With original refinished hardwood floors, granite countertops, and a mix of classic and modern bathrooms, this property is truly one-of-a-kind. Experience the versatility of living in part while renting out the other, with ample room for everyone in this expansive and enchanting East Hill gem, or add this very lucrative investment property boasting a 10% cap rate to your portfolio.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1954
- Baths:
- MLS#:
- 649166
- Subdivision:
- Fontanel Place
ADDITIONAL INFORMATION
Excellent Investment Opportunity to Own (2) separate Duplexes on 1 parcel FOR SALE as a package. Total Units 4, each unit is a 1 bedroom/1 bath approx. 520 sf with a large kitchen, bedroom and living areas, newer water heater, newer window units. UNITs 631 $1000, 633 $800 & 629 $800 are occupied (do not disturb). UNITs 635 is vacant (currently being renovated). Extra-large lot, mature trees, street parking. Centrally located close to Cordova Mall, Sacred Heart hospital & woodlands medical facility, shopping and airport. A MUST SEE!! Concession Available
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Year built:
- 1936
- Baths:
- 8.00
- MLS#:
- 648152
- Subdivision:
- New City Tract
ADDITIONAL INFORMATION
Don's miss this rare jewel. The possibilities are endless. Live in part of building as your primary residence, live in entire building, lease out part, lease out all, second home, investment, etc. These opportunities do not come along often and certainly not in East Hill on one of the most desirable streets, Lakeview Avenue. Over 6200 livable square footage, basement, 6 car garage for both renters and owners, directly across from the park, mixture of period architecture and modern conveniences. Apartment A, downstairs, was converted to a generous 1600-square foot apartment with upscale kitchen, 1 full bedroom and 2 bath. 2 living rooms allow for a guest room conversion. Apartment B, downstairs, has 2 bedrooms, 2 baths, sunroom, nice size laundry room. Very cozy, very well appointed. Apartment C, upstairs, is a 2 bedroom, 2 bath, living, dining, sunroom, mudroom. Apartment D, upstairs, has 2 bedrooms, 2 baths, sunroom and a tenant who has grown with the building for decades. Elevator on east side makes connection between Apartments A and C possible. Many renovations done in recent years have updated an historic find.
$695,000
E Lee St Pensacola, FL 32503
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1994
- Baths:
- MLS#:
- 644807
- Subdivision:
- New City Tract
ADDITIONAL INFORMATION
Experience the charm of history with this captivating Original East Hill transformed into a Quadplex, meticulously renovated in 1994 from the ground up. With an impressive healthy income yearly, this Quadplex boasts reliable tenants and blends timeless character with modern convenience. Unit (1) offers 2 bedrooms and 2 bathrooms, Unit (2) features 1 bedroom and 1 bathroom, Unit (3) provides 2 bedrooms and 1 bathroom. Unit (4) is a 1 bedroom 1 bathroom. Catering to diverse living needs. Ideally located a few blocks away from the newly established East Hill Publix, The Burrow, Ozone, City Parks, and Downtown Pensacola, residents enjoy unparalleled access to the vibrant pulse of East Hill living. Recent upgrades, including a new roof in 2021, fresh paint in 2023, and updated hot water heaters and appliances, enhance the property's appeal. Meticulously maintained, this Quadplex presents a lucrative investment opportunity for savvy buyers seeking to capitalize on the thriving East Hill market. PLEASE DO NOT DISTURB EXISTING TENANTS
$744,000
E Lakeview Ave Pensacola, FL 32503
ADDITIONAL INFORMATION
Welcome to the epitome of opportunity in East Hill! Discover a rare gem in this vibrant neighborhood, featuring three distinct properties on a single expansive lot, offering unparalleled potential for savvy investors or those seeking multifamily living options. Situated in the desirable East Hill neighborhood, this property is surrounded by parks, shopping, and dining options, enhancing its appeal to potential tenants and short-term guests alike. Main House: The centerpiece of this property is a charming main house with two bedrooms and two baths, with the possibility to expand by converting the existing sunroom into a third bedroom. Duplex Units: Adjacent to the main house, you'll find a fully-furnished duplex, each unit boasting a generously sized bedroom and bathroom. These units have a proven track record as successful short-term Airbnb rentals, providing immediate and lucrative income potential. Investment Highlights - Turnkey Income: All three units are currently leased and ready to generate rental income from day one. Proven Success: These units have a history of high occupancy, and the duplex units have operated as successful short-term Airbnbs with positive reviews in the past. Expansion Potential: The main house offers the opportunity to increase its value by adding an extra bedroom. Multi-Property Package: Diversify your portfolio with three separate rental opportunities on one lot. High Demand Area: East Hill's vibrant community and amenities make it a sought-after location for both long-term tenants and short-term visitors. NEW roofs installed July 2024. Online estimates do not accurately reflect the duplex on the property. Don’t miss out on this exceptional opportunity to own a piece of East Hill's charm and maximize your investment potential!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- 3.00
- MLS#:
- 641064
- Subdivision:
- East King Tract
ADDITIONAL INFORMATION
Amazing opportunity to own a brand new space less than 5 minutes to the Downtown Pensacola core. Live on one side and lease the other! This property offers all the conveniences and luxuries you would expect in a new home. Each side offers the same amenities designed to offer maximum rental potential. Enter through the deep front porch to find 9 foot ceilings throughout the entire home, Wood look luxury vinyl plank floors in all the rooms (no carpet), lots of large windows gathering natural light, and a light and bright color pallet. The home offers 3 bedrooms each with an attached bath plus a home office! The Kitchen is decked out with 42 inch upper cabinets, a built-in refrigerator, 5 burner GAS range, all stainless steel GE appliances and Dolomite (stone) counter tops. In addition there is a large panty. The first floor is laid out with one bedroom, one full bath, plus living areas. The second floor arrangement includes 2 bedrooms, 2 full baths, laundry room and office. All the bedrooms include walk-in closets! The primary bedroom is offered with a cozy balcony, and gracious bathroom. The primary bath boasts a large double vanity with dressing area, custom walk-in shower with frameless glass door and separate water closet. The tankless gas water heater provides endless hot water while offering energy efficiency. The relaxing rear yard is fully fenced and has a spacious patio. The entire yard is irrigated to help keep your yard looking great year round! This new home is not to be missed, call today and be sure to ask about the Seller Incentives to buy down your interest rate.
Pensacola Real Estate
The median home value in Pensacola, FL is $138,200. This is lower than the county median home value of $145,600. The national median home value is $219,700. The average price of homes sold in Pensacola, FL is $138,200. Approximately 51.33% of Pensacola homes are owned, compared to 35.98% rented, while 12.7% are vacant. Pensacola real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pensacola real estate agent to arrange a tour today!
Pensacola, Florida 32503 has a population of 52,689. Pensacola 32503 is more family-centric than the surrounding county with 25.21% of the households containing married families with children. The county average for households married with children is 21.09%.
The median household income in Pensacola, Florida 32503 is $46,569. The median household income for the surrounding county is $47,361 compared to the national median of $57,652. The median age of people living in Pensacola 32503 is 38 years.
Pensacola Weather
The average high temperature in July is 89.9 degrees, with an average low temperature in January of 42.2 degrees. The average rainfall is approximately 66.3 inches per year, with 0 inches of snow per year.