NOT LISTED FOR SALE

8205 Kipling St Pensacola, FL 32514

-- Bed
1 Bath
725 Sq Ft
0.75 Acres

Last Sold February 15, 2019

Last sale price $255,000 $352 Per Sq Ft

2 Days on Market

About This Home

As of February 2019

TWO TRIPLEXES in East Pensacola sold together. Six units in total. Each are 2 bedroom, 1 bath and 725 SF. Leases vary from $550 to $600 and remain full. In brokers opinion rental rates could be pushed to $700/ month as owner has not increased rates for some time. Convenient to I-10, shopping, restaurants, and churches all of which employ people who would like to live close to work. Annual income for 2018 was $40,800 but with an increase to match comparable rental rates it could be closer to $50,400 (6 units @ $700/ month x 12 months fully rented), taxes $2700 (2018), insurance quote was for $2,734.

Last Agent to Sell the Property

Paul Machado

Machado Realty Inc. Listed on: 01/09/2019

Co-Listed By

Cinnamon Reed

KELLER WILLIAMS REALTY GULF COAST

Last Buyer's Agent

Sandy Blanton

TEAM SANDY BLANTON REALTY, INC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.75

Home Design

  • 725 Sq Ft Home
  • Triplex
  • Composition Roof

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window

Additional Features

  • 1 Full Bathroom
  • Interior Lot

Community Details

  • 6 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, pest control, telephone
  • Assessor Parcel Number 171S302101001090

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Parcel Number: 171S302101001090
  • Property Type: Residential Income
  • Year Built: 1985
  • Electric: Copper Wiring
  • Property Sub Type: Triplex
  • Horses: No
  • Co List Office Mls Id: KWR001
  • Co List Office Phone: 850-471-5000
  • Subdivision Name: None
  • Directions: Olive Rd to Kipling Street
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Living Area: 725

Exterior Features

  • Roof: Composition
  • Lot Features: Interior Lot

Utilities

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

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, Pest Control, Telephone

Multi Family

  • Number Of Units Total: 6

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 List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $255,000 -3.8% $352 / Sq Ft
01/09/2019 01/09/19 For Sale $265,000 -- $366 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 547257

Pensacola Association of REALTORS®

APN: 17-1S-30-2101-001-090