NOT LISTED FOR SALE

2501 Kelso Rd Unit A-D Pensacola, FL 32514

4 Beds
4 Baths
750 Sq Ft
2016 Built

Last Sold September 02, 2024

Last sale price $486,500 $649 Per Sq Ft

284 Days on Market

Highlights

  • Vaulted Ceiling
  • Tile Flooring
  • Ceiling Fan
  • Interior Lot
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of September 2024

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

Last Agent to Sell the Property

Mark Downey

MARK DOWNEY & ASSOCIATES, INC. Listed on: 10/13/2023

Co-Listed By

Troy Alsaker

Gulf Real Estate Group, LLC

Last Buyer's Agent

Jessica Townley

Century 21 BE3

Century 21 BE3

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

  • Interior Lot

Parking

  • Driveway

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Ferry Pass Elementary And Middle School
  • Pine Forest High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • 4 Units
  • Ferry Pass Heights Subdivision

Listing and Financial Details

  • Tenant pays for electricity, internet, trash collection, water/sewer
  • Assessor Parcel Number 041S300101001017

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 041S300101001017
  • Property Type: Residential Income
  • Year Built: 2016
  • Electric: Copper Wiring
  • Lease Term: 7 to 12 Months,Month To Month
  • Property Sub Type: Quadruplex
  • Horses: No
  • Lot Size: 50x170
  • Co List Office Mls Id: MD&K01
  • Co List Office Phone: 850-456-6616
  • Subdivision Name: Ferry Pass Heights
  • Directions: Driving NORTH on N Davis Hwy, just before 9 Mile Rd, turn LEFT (West) onto Copter Rd at the RaceWay. Take the next RIGHT on Latham. Duplexes will be on your Right, at the corner of Kelso Rd and Latham St. (They are back to back on the same parcel and the address may show 2601 Units A & B - which are actually units C & D). They are all on the same parcel of land and thus being sold as a Quad. They could be sold separately however.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s)
  • Living Area: 750
  • Room Kitchen Features: Pantry

Exterior Features

  • Roof: Shingle
  • Lot Features: Interior Lot
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Ferry Pass
  • High School: Pine Forest
  • Middle Or Junior School: Ferry Pass

Lot Info

  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Internet, Trash Collection, Water/Sewer

Multi Family

  • Number Of Units Total: 4

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2024 09/02/24 Sold $486,500 -0.6% $649 / Sq Ft
07/15/2024 07/15/24 Price Changed $489,500 -2.1% $653 / Sq Ft
06/11/2024 06/11/24 Price Changed $500,000 -4.8% $667 / Sq Ft
04/23/2024 04/23/24 Price Changed $525,000 -4.5% $700 / Sq Ft
03/29/2024 03/29/24 Price Changed $550,000 -6.0% $733 / Sq Ft
10/14/2023 10/14/23 For Sale $585,000 -- $780 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Pensacola Association of REALTORS®

MLS Number: 634914

Pensacola Association of REALTORS®