Bought with Sandy Blanton • TEAM SANDY BLANTON REALTY, INC
$255,000
$265,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
8205 Kipling St Pensacola, FL 32514
1 Bath
4,354 SqFt
Key Details
Sold Price $255,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,354 sqft
Price per Sqft $58
MLS Listing ID 547257
Full Baths 1
Year Built 1985
Property Description
TWO TRIPLEXES in East Pensacola sold together. Six units in total. Each are 2 bedroom, 1 bath and 725 SF. Leases vary from $550 to $600 and remain full. In brokers opinion rental rates could be pushed to $700/ month as owner has not increased rates for some time. Convenient to I-10, shopping, restaurants, and churches all of which employ people who would like to live close to work. Annual income for 2018 was $40,800 but with an increase to match comparable rental rates it could be closer to $50,400 (6 units @ $700/ month x 12 months fully rented), taxes $2700 (2018), insurance quote was for $2,734.
Location
State FL
County Escambia
Interior
Heating Natural Gas, Wall/Window Unit(s)
Exterior
View Y/N No
Roof Type Composition
Building
Lot Description Interior Lot
New Construction No
Others
Special Listing Condition As Is
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