$485,000
$115K PRICE DROP

Estimated payment $3,195/month

Total Views 13,546
-- Bed
-- Bath
2,924 Sq Ft
$166 Price per Sq Ft

About This Home

TWO DUPLEXES ON ONE PARCEL. Annual income of $49,800 OF RENTAL INCOME each year with these two Duplexes that are on one property with a high potential to bring that to $52,800 a year. All brick. 2/1 (per unit) with potential for an increase in rental income with a little cosmetic work. Unit in pictures is currently vacant. All units look similar. This place is centrally located in the heart of Pensacola close to the mall, airport, Publix and the hospitals. This area is in north East Hill which is a high demand area to live in. This would be a great investment property for anyone. You can even take advantage of Fannie Mae's new program where they only require 5% down if you live in one of the units. There is a Carport and Laundry room for each apartment. ROOF was replaced in November of 2014. There is a new electrical panel for each unit that was replaced in 2020. Age of Water heaters for units are as follows. Water Heater 2022+/- Apt B 2009 Apt A 2018 Apt C, D

Listing Agent

Stuart West

Levin Rinke Realty Brokerage Email: stuartwest1@mac.com Listed on: 02/09/2024

Co-Listing Agent

KRISTEN WEST

Levin Rinke Realty Brokerage Email: stuartwest1@mac.com

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Home Design

  • 2,924 Sq Ft Home
  • Duplex
  • Shingle Roof

Schools

  • Oj Semmes Elementary School
  • Workman Middle School
  • Washington High School

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Maura Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042S302007000045

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Parcel Number: 042S302007000045
  • Property Type: Residential Income
  • Year Built: 1965
  • Electric: Copper Wiring
  • Property Sub Type: Duplex
  • Horses: No
  • Co List Office Mls Id: LRRR02
  • Co List Office Phone: 850-916-5050
  • Subdivision Name: Maura Place
  • Directions: East on Farfield, left on 10h Ave
  • Building Name: None
  • Attribution Contact: stuartwest1@mac.com
  • Special Features: None

Exterior Features

  • Roof: Shingle
  • Lot Features: Central Access

Utilities

  • Heating: Wall/Window Unit(s)
  • Heating Yn: Yes

Schools

  • Elementary School: Oj Semmes
  • High School: Washington
  • Middle Or Junior School: WORKMAN

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Price Changed $485,000 -2.0% $166 / Sq Ft
05/02/2025 05/02/25 Price Changed $495,000 -2.9% $169 / Sq Ft
03/25/2025 03/25/25 Price Changed $510,000 -1.0% $174 / Sq Ft
03/17/2025 03/17/25 Price Changed $515,000 -1.0% $176 / Sq Ft
03/11/2025 03/11/25 Price Changed $520,000 -1.0% $178 / Sq Ft
02/27/2025 02/27/25 Price Changed $525,000 -0.9% $180 / Sq Ft
02/21/2025 02/21/25 Price Changed $530,000 -1.9% $181 / Sq Ft
02/06/2025 02/06/25 Price Changed $540,000 -1.8% $185 / Sq Ft
01/18/2025 01/18/25 Price Changed $550,000 0.0% $188 / Sq Ft
01/18/2025 01/18/25 For Sale $550,000 -1.8% $188 / Sq Ft
09/15/2024 09/15/24 Off Market $560,000 -- --
08/20/2024 08/20/24 Price Changed $560,000 -0.9% $192 / Sq Ft
08/07/2024 08/07/24 Price Changed $565,000 -1.7% $193 / Sq Ft
03/30/2024 03/30/24 Price Changed $575,000 -1.7% $197 / Sq Ft
02/20/2024 02/20/24 Price Changed $585,000 -2.5% $200 / Sq Ft
02/09/2024 02/09/24 For Sale $599,900 -- $205 / Sq Ft
Source: Pensacola Association of REALTORS®

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Source: Pensacola Association of REALTORS®

MLS Number: 640074

Pensacola Association of REALTORS®