Bought with Gary Watson, Ccim • EXIT REALTY N.F.I - COMMERCIAL DIVISION
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $275,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $71
MLS Listing ID 533528
Sold Date 06/04/18
HOA Y/N No
Year Built 2007
Property Sub-Type Triplex
Source Pensacola MLS
Property Description
Great location neat Davis Hwy and Olive Rd.. Almost new...built 2007. Currently leased at $895, $880, & 940. Each unit has 2 Bedrooms and 2 1/2 baths. (Each BR has a full bath and a half-bath downstairs). Extremely nice property. 2 parking spaces per unit. Each unit has a washer/dryer connection. Each unit has it's own septic tank. There is a fire sprinkler system in place for each unit. I believe rents could be pushed to $950 per month. Very convenient to I-10, shopping, restaurants, churches. All of which employ people who would like to live close to work. Annual income $31,440 (2017) / NOI $16,234 (after 5% vacancy factor, $3,204 management fee) Something to consider....possible to convert to condo/townhouses and sell individually.
Location
State FL
County Escambia
Interior
Heating Central
Exterior
View Y/N No
Roof Type Gable
Building
Lot Description Central Access
Faces Property located between Olive Rd and Atwood Dr
New Construction No
Others
Tax ID 201S302102090004
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP