2501 Kelso Rd #A-D

Pensacola, FL 32514
$486,500
3000 sqft | 4 beds | 4 baths | #634914

Description

4 NEWER UNITS built in 2016 and in excellent condition! *** Plus, there are 2 other duplexes (4 more units for a total of 8 units - *** RENT POTENTIAL $52,800 of annual income for these 4 units (and the potential to raise the rent higher perhaps) and a total of around $100k annual for all 8 units * This offering is two (2) duplexes on the same parcel for a total of 4 units, being sold together * One unit has just been updated with new flooring, fixtures, paint, appliances, and more! 2 other units are in exceptional condition, with one unit requiring some updates (paint and flooring - very inexpensive to update), but all are rented so you can just leave it like it is and collect a nice paycheck monthly, or update one unit, and get even more rent! **NOTE** the last unit mentioned is month-to-month and the tenant can easily be removed allowing for an owner-occupant to purchase and only 3% or if VA, ZERO down! **** Situated in perhaps the BEST location in Pensacola for investment property, RIGHT next to UWF, West Florida Hospital, 10 mins to Downtown Pensacola and more! ** Again, these 2 duplexes were built in 2016, so all major components are newer and there should be no major repairs for quite awhile!***** The seller may offer owner financing with $150k down and a 3 yr balloon - amortized over 25 years at 8%. ****** Please verify all features, dimensions, measurements, etc that may be important to you - unsure of the exact square footage ******* Seller is also the Broker of record for the listing and a licensed Real Estate Broker in FL and AL. ********** VIDEOS are posted and available to view for each unit
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  • Property Details

    Location

    Central Bay Realty and Property ManagementReal Estate Group