3061 N 16th Ave, Pensacola, FL 32503
- Beds
- 2
- Bath
- 1
- Sqft
- 1,081
View property features, location on map, relevant school information and overview from seller's agent.
- 1
- 0
Overview
Investment Opportunity in East Hill! Located in the desirable East Hill neighborhood, this (fully renovated down to the stud) duplex offers incredible rental potential. The duplex contains 2 units: each unit contains 2 bedrooms, 1 bathroom, a kitchen, a living room, laundry, and a separate driveway. The sellers put up a new privacy fence as well. With a potential rental income of $1,500 per month per unit, this property has the potential to generate approximately $36,000 in gross annual rental income. With the duplex essentially being brand new, you can enjoy the peace of mind that comes with low maintenance and no immediate repair or update costs. Insurance quotes came in around $2700 per year. This is a rare opportunity to own a modern, well-located multi-unit property in East Hill – perfect for investors looking for a high-quality addition to their portfolio. Property comes unfurnished but was staged for photos.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 2
- Number of bathrooms
- 1
- Square feet
- 1,081
- Year built
- 1955
Utilities
- Heating
- Central
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Pensacola Association of REALTORS MLS®#: 662950
