2371 Le Ruth Dr Active

Pensacola,FL 32514

$ 535000

6 Beds

4 Baths

2114 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,114 sqft

Price per Sqft $253

MLS Listing ID 639218

Bedrooms 6

Full Baths 4

HOA Y/N No

Originating Board Pensacola MLS

Year Built 1960

Property Description

HUGE PRICE REDUCTION!!! Amazing real estate investment opportunity! This Triplex includes a 3 bedroom 2 bathroom, 2 bedroom/1 bathroom and Efficiency unit. All units come with new washer/dryer sets. This triplex is set up with tankless hot water heater. The amenities like separate entrances with outdoor spaces, new HVAC systems, marble countertops, farm sinks, luxury vinyl plank and hardwood floors add value and appeal to potential tenants. Being near Ferry Pass Bayou adds to its charm and potentially attracts renters seeking a unique location just off Nine Mile Road. All units have Full Bathrooms with some upgrades. The potential to add another building with more units could significantly increase your rental income and overall return on investment. Just think what you could do with this property as a short term investment so close to West Florida Hospital and University of West Florida. Parents coming to town and students who may need housing equal great potential as well the market for short term locations have become a great money maker. And think about all the professionals in the area who may need a home away from home as they travel. All units are currently renting off and on, so if you want to add this great investment to your portfolio before the units are rented out - Come quickly. If you want another option or a second investment take a look at MLS 639219 - 2370 Hencye Dr. adjacent property next door which is also for sale!

Location

State FL

County Escambia

Interior

Interior Features Ceiling Fan(s)

Heating Multi Units,Wall/Window Unit(s)

Cooling Ceiling Fan(s),Multi Units,Wall/Window Unit(s)

Flooring Vinyl,Simulated Wood

Appliance Tankless Gas Water Heater,Dryer,Washer,Built In Microwave,Microwave,Refrigerator

Exterior

Exterior Feature Rain Gutters

Pool None

Waterfront No

View Y/N No

Roof Type Shingle

Building

Lot Description Interior Lot

Faces Nine Mile Road to Sandpiper Left on Le Ruth Dr.

Story 1

Structure Type Frame

New Construction No

Others

Tax ID 051S300707000000

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