** Incredible INCOME PRODUCING PROPERTY! *** Rent Potential: $26,400 annual income (and maybe higher) for these 2 units * BRAND NEW ROOF, Many updates to the units including water heaters, one has a new A/C unit, and many other updates ** Both units are currently rented and will cash flow immediately with a Cap Rate of close to 12 (7 is industry standard for a well kept unit)! ** Situated NEXT TO UWF and a mile or so from West Florida Hospital and more, you cannot find a better location with potential for substantial appreciation, in addition to the cash flow ~ Market rent for this property is approx $1,100 a month per side (please confirm the actual rent at the moment – may be lower due to owner slowly graduating the tenants rents higher as many updates were done AFTER the current owner purchased and thus has been slowly increasing rent so as to not chase the current tenants) **** Please verify all features, dimensions, measurements (sq ft of each unit), etc that may be important to you ***** Seller is the Broker of Record and is a licensed Real Estate Broker in FL and AL **
Property Details
Price:
$225,000
MLS #:
635364
Status:
Active
Beds:
2
Baths:
2
Address:
2435 Kelso Rd # B
Type:
Multi Family
Subtype:
Duplex
City:
Pensacola
Listed Date:
Oct 23, 2023
State:
FL
Finished Sq Ft:
1,500
Total Sq Ft:
1,500
ZIP:
32514
Year Built:
1982
Units:
2
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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:
Mcarthur
Middle School:
Ferry Pass
High School:
Tate
Interior
Appliances
Water Heater, Electric Water Heater, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air
Flooring
Tile, Carpet
Heating
Central
Laundry Features
Inside
Exterior
Construction Materials
Frame
Parking Features
Driveway
Roof
Shingle
Financial
Map
Community
- Address2435 Kelso Rd # B Pensacola FL
- SubdivisionNone
- CityPensacola
- CountyEscambia
- Zip Code32514
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Courtesy of MARK DOWNEY & ASSOCIATES, INC.. 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.
2435 Kelso Rd # B
Pensacola, FL
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