2435 Kelso Rd #A & B

Pensacola, FL 32514
$225,000
1500 sqft | 2 beds | 2 baths | #635364
For Sale

Description

** Incredible INCOME PRODUCING PROPERTY! *** Rent Potential: $26,400 annual income (and maybe higher) for these 2 units * BRAND NEW ROOF, NEW CENTRAL HEAT & AIR UNIT, NEW WATER HEATER and WIRING! * Basically, these units are ready to lease for the long haul, with only minimal cosmetic updates needed, if you desire, though nothing needed currently ** Both units are currently rented and will cash flow immediately with a Cap Rate of close to 12 (6-7 is industry standard)! ** 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) **** 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 **

  • Interior Details
    • Beds & Baths
      • Bedrooms:2
      • Bathrooms:2
      • Full Baths:2
  • Property Details
    • Property
      • Lot description:Interior Lot
    • Measurements
      • Square Feet:1500
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1982
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Septic Tank
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • Elementary School:Mcarthur
      • Middle School:Ferry Pass
      • High School:Tate
      • County:Escambia
  • Financial Details
    • Pricing Details
      • Original List Price:$275, 000
  • Other
    • Source
      • MLS #:635364

Location

Legal

Copyright© 2022 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: . Source: PAR (FL)

Listing Courtesy
Listing Agent: Mark Downey
Listing Office: MARK DOWNEY & ASSOCIATES, INC.

Central Bay Realty and Property ManagementReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00

Selling & Buying

About

Contact

    Account

    • Roy F Furst

      Licensed Real Estate Broker

      Central Bay Realty

      Phone: (850) 257-5016

      Email: centralbayrealestate@gmail.com
      © 2024 Central Bay Realty & Property Management. All rights reserved.
      Website built by CloseHack.

      Copyright© 2022 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.