$230,000
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Kelso Rd Unit A & B Pensacola, FL 32514
Duplex
Residence
2
Beds
2
Baths
Sq. Ft.
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PRICED WELL BELOW MARKET VALUE with a cap rate of around 12!! Industry Standard is around 6-7 meaning this produces almost double of. an investment typical to it! *** Rent Potential: $26,400 annual income or better or around $100k annual for all 8 units!! * BRAND NEW ROOF, new wiring, new water he...ater, new Air Con ditioner/Heater *** One side of the duplex has been completely updated: all new paint, flooring, cabinets and countertops, appliances, and more! * The other side is also in great condition * Either live in one side to start your investment portfolio while producing income, or continue to lease both sides for maximum cash flow! * Both units are leased for approx $1050-1100/each (please confirm at time of contract) * Situated just south of 9 Mile Rd & Davis Hwy, the duplex is right outside the UWF campus, and close to all of the amenities of 9 Mile Rd, including the Navy Federal campus~ you cannot find a better location with potential for substantial appreciation, in addition to the cash flow ***** Please verify all features, dimensions, measurements (including sq ft of each unit), etc that may be important to you ** Seller is Broker of Record, and is a licensed Real Estate Broker in FL and AL
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MLS#
635399
Property Type
Duplex
Bedrooms
2
Bathrooms
2 Full
Year Built
1982
Stories
1.0
Sewer
Holding Tank
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