Cash flowing opportunity with A+ paying tenants. Turn-key downtown 3-unit property perfect for investors as two of the three units have been used as short-term rentals, while the third was owner-occupied, but has a wait list for its leasing consideration. Two rental units come furnished, they are the downstairs unit in main house at 1055 sq, ft. and the 900 sq ft cottage out back. The upstairs unit was owner occupied, 1055 sq, ft and is offered unfurnished. The upstairs unit has two decks, one at the entry door and the other on the opposite side allowing great views in every direction. Seller has completely remodeled (down to the studs!) the property in the last two years. It is only a few blocks to the center of downtown and Palafox St. A unique must-see, brimming with opportunity! Driveway on east side will convey with property.
Property Details
Price:
$699,000
MLS #:
654417
Status:
Active
Beds:
0
Baths:
0
Address:
508 W Gregory
Type:
Multi Family
Subtype:
Triplex
Subdivision:
Belmont Tract
City:
Pensacola
Listed Date:
Oct 22, 2024
State:
FL
Finished Sq Ft:
2,110
Total Sq Ft:
2,110
ZIP:
32502
Year Built:
1900
Units:
3
Ask a Question
See this Listing
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…
More About LESMortgage Calculator
Schools
Elementary School:
Global Learning Academy
Middle School:
Workman
High School:
Pensacola
Interior
Cooling
Ceiling Fan(s), Multi Units
Heating
Central
Laundry Features
Common Area
Exterior
Community Features
Pavilion/ Gazebo
Construction Materials
Frame
Exterior Features
Balcony, Barbecue, Fire Pit
Roof
Gable
Financial
HOA Includes
Gas, Maintenance Grounds, Maintenance, Management, Pest Control
Net Operating Income
$49,384
Map
Community
- Address508 W Gregory Pensacola FL
- SubdivisionBelmont Tract
- CityPensacola
- CountyEscambia
- Zip Code32502
Similar Listings Nearby
- 2007 W Garden St
Pensacola, FL$835,000
1.05 miles away
- 522 N 7th Ave
Pensacola, FL$825,000
0.96 miles away
- 917 E Lee St
Pensacola, FL$695,000
1.35 miles away
- 711 W Blount St
Pensacola, FL$530,000
0.94 miles away
- 615 N Spring St
Pensacola, FL$525,000
0.41 miles away
Courtesy of Luxury Real Estate Group. 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.
508 W Gregory
Pensacola, FL
LIGHTBOX-IMAGES