908 N 69th Ave Active Save Request In-Person Tour Request Virtual Tour
Pensacola,FL 32506
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $72
MLS Listing ID 663349
Year Built 1940
Property Sub-Type Apartment
Property Description
Price improvement for Incredible opportunity to own a rare 8-unit multifamily property in Pensacola. This property is currently bringing in $4,195 per month with room for higher returns. This unique 8-unit property consists of: • Two duplexes, each featuring two 1-bedroom/1-bathroom units • One duplex with two 2-bedroom/1-bathroom units • One two-unit house with flexible layouts: one side can function as a 2-bedroom/1-bath or a 3-bedroom/1-bath, and the other side is a 1-bedroom/1-bath unit Currently, 6 units are occupied: With the house needing renovations this offers an exciting opportunity for a new owner to add their finishing touches and maximize value. Several of the duplex units could benefit from additional repairs and cosmetic improvements, offering strong value-add potential. Property is being sold as-is, making it a great option for investors looking to unlock its full potential through renovations and rent increases. Whether you're looking to increase rents, update units, or complete the renovation for a higher resale value, this property offers excellent potential to add value.
Location
State FL
County Escambia - Fl
Interior
Heating None
Exterior
View Y/N No
Roof Type Composition
Building
Lot Description Interior Lot
New Construction No
Others
Special Listing Condition As Is