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Listed by Kathleen Batterton • Levin Rinke Realty
$ 235,000
Est. payment /mo
Active
1825 Bainbridge Ave Pensacola, FL 32507
2,104 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,104 sqft
Price per Sqft $111
Subdivision Beach Haven
MLS Listing ID 664473
HOA Y/N No
Year Built 1955
Property Sub-Type Other
Source Pensacola MLS
Property Description
This INCOME-PRODUCING property features 3 rental units (with established tenants), offering IMMEDIATE CASH FLOW for savvy investors. Unit A (Main House) is over 1,000 sqft with 2 bedrooms and 1 full bath, currently rented at $1,000/month. The detached 2-story building includes Unit B (upstairs) and unit C (downstairs). B and C are both 1-bed 1-bath units, each rented at $750/month. Total monthly rental income equals $2,500 BUT WAIT THERES MORE... all 3 units pay monthly towards utilities: Unit A pays $300/month, while Units B & C each pay $150/month. Major UPDATES include a 2021 roof on BOTH buildings and two NEW water heaters installed in 2021. The property is on septic, with drain fields replaced in 2018. This income-generating asset is conveniently located just 10 minutes from NAS, 15 minutes to Perdido Key or Palafox St, and approx. 25 minutes to Pensacola Beach.
Location
State FL
County Escambia - Fl
Zoning Res Multi
Interior
Heating Wall/Window Unit(s)
Cooling Wall/Window Unit(s)
Appliance Gas Water Heater
Exterior
View Y/N No
Roof Type Shingle
Building
Lot Description Central Access
Faces Heading West on Gulf Beach Hwy turn RIGHT on Bainbridge Ave. The property is the second plat on the left.
Water Public
Structure Type Block
New Construction No
Others
Tax ID 352S311000017032