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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.

Listed byKuhn Realty
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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

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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

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