Possibilities & profit abound for this income generating property which is located in heart of Pensacola and convenient to the airport, interstate, colleges, shopping, restaurants & more! Situated on 1.45 acres, this property offers 8 income generating options which include a 4 bed/ 2 bath single family house, 3 duplexes which offer a total of six 2 bed/ 1 bath units AND a detached garage which is approximately 1000 sq ft and could be rented for additional income. BONUS: Zoning suggests that it may be possible for a new owner to add additional units! This property has been owned by the same family for over 30 years! It has been well cared for and when something breaks they make repairs but there is an opportunity for a savvy new owner to make improvements that drive up rents and increase value! Current gross monthly rent is $7600 but with 2 bd units renting for an average of $1199 in the area and 4 bedroom houses renting for an average of over $2k per month there is a lot of room for growth. Most units are rented on a month to month lease to long term tenants. The house has the only long term lease and is rented through November 2024 for $1695. Owner pays water/garbage which averages about $250 per month, owner pays electric for units A & B(single meter) which typically runs between $200-300 per month. Recent updates to the 4/2 house include new wiring, new roof in 2022 and new hvac in 2022. Additional information and pictures available upon request. NOTE: DO NOT DISTURB TENANTS
Property Details
Price:
$750,000
MLS #:
640252
Status:
Closed ((Apr 1, 2024))
Beds:
12
Baths:
6
Address:
6010 Sanders St
Type:
Multi Family
Subtype:
Apartment
Subdivision:
Abb
City:
Pensacola
Listed Date:
Feb 13, 2024
State:
FL
Finished Sq Ft:
6,343
ZIP:
32504
Year Built:
1969
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Les Austin has joined Keller Williams Realty, Gulf Coast. He will be a member of the RE:Source Team which will include members with vast amounts of experience in Real Estate and Business. What Les is bringing to the team is over 40 years as a licensed Real Estate Broker. He is also a Florida Certified Licensed General Contractor and Home Inspector. He has been involved in the construction, marketing and sales of thousands of properties. Additional credentials/resources he is bringing to the team…
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Schools
Elementary School:
Holm
Middle School:
Workman
High School:
Washington
Interior
Appliances
Electric Water Heater
Bathrooms
6 Full Bathrooms
Flooring
Tile, Carpet
Heating
Central
Exterior
Parking Features
2 Car Carport, 2 Space/ Unit, Detached
Parking Spots
2
Roof
Shingle
Financial
Buyer Agent Compensation
2.5%%
Map
Community
- Address6010 Sanders St Pensacola FL
- CityPensacola
- CountyEscambia
- Zip Code32504
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Courtesy of KELLER WILLIAMS REALTY GULF COAST. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Pensacola FL. Detailed information about real estate listings held by brokerage firms other than Les Austin include the name of the listing broker. Neither the listing company nor Les Austin shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Pensacola FL. All rights reserved.
6010 Sanders St
Pensacola, FL
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