500 N 49th Ave, Pensacola, FL 32506

$200,000
4,478
SqFt
List Price
$200,000
MLS#
560500
Status
ACTIVE
Type
Multifamily
Year Built
1976
City
Pensacola

Property Description

3 Duplexes in a row located at 500, 502 & 504 49th Ave, each unit is 2 bedroom 1 bath. Current rents total $2990, owner pays water/trash bill which averages $300 total per month. The range of rent for similar units rented on the MLS in the last year was $550-$750 so there is great value add potential with these properties. All units have W/D connections. 4 units are on Month to Month leases and 2 are leased through mid 2020. Units need some TLC but have great potential. Owner is looking for a cash buyer and wants to sell all three duplexes together. $200k total for all 3 duplexes, that is only $33,333 per unit!

Additional Information

High School
Escambia
Living Area
4,478
Lot Description
CORNER, INTERIOR
Interior Features
W/D HOOKUPS
Kitchen Features
ELECTRIC STOVE, REFRIGERATOR
Floors
VINYL, W/W CARPET
Heating
CENTRAL ELECTRIC, WINDOW/WALL UNIT
Exterior Features
OPEN PATIO
Waterfront Type
NONE
Exterior
BRICK, WOOD
Roof
COMPOSITE SHINGLE
Pool Description
NONE
Parking
DRIVE ONLY
Elementary School
West Pensacola
High School
Escambia

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of KELLER WILLIAMS REALTY GULF COAST.

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