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Listed by Lakisha Moore • Better Homes And Gardens Real Estate Main Street Properties
$1,400,000
Est. payment /mo
5 Beds
3 Baths
1,140 SqFt
UPDATED:
09/11/2024 08:02 PM
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 1,140 sqft
Price per Sqft $1,228
Subdivision Valencia Arms
MLS Listing ID 652253
Bedrooms 5
Full Baths 3
HOA Y/N No
Originating Board Pensacola MLS
Year Built 1971
Property Description
This 13-unit townhouse listing features 8 spacious three-bedroom units and 5 two-bedroom units. Each tenant is responsible for their own utilities and trash, ensuring low owner expenses. The property generates a strong annual net income of $216,000, making it an excellent investment opportunity. With modern layouts and in-demand unit sizes, this complex offers solid returns and consistent rental demand. More information available upon request, please contact agent with any questions!
Location
State FL
County Escambia
Zoning Res Multi
Interior
Heating Central
Exterior
Parking Features Driveway
View Y/N No
Roof Type Composition
Garage No
Building
Lot Description Cul-De-Sac
Faces Heading east on Massachusetts Ave, past Hollywood BLvd, turn right onto Diego Circle
Water Public
New Construction No
Others
Tax ID 092S300550000021
Special Listing Condition As Is
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DeAnna Nichols
Broker Associate | License ID: AL 93966 FL BK3611503
Broker Associate License ID: AL 93966 FL BK3611503