Awaiting offers

668 72nd Ave Unit A, B, C, D, Pensacola, FL 32506

Baths
4
Sqft
2,800

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Overview

Quadplex unit with income in the range of approx $50,000 annually w/ potential for more - which equals a cap rate of approx 10%!!! * Most units have been updated with some having major updates or modifications to make them more desirable and modern, not to mention many new features such as: Roof, A/C & Heat, and more! * Redacted Leases will be provided upon request * All units are currently under strict, lawyer-executed leases with each tenant paying a "utility fee" monthly that adds to the profitability of the overall complex * Please see a copy of the map that shows what is being sold ** (NOTE: please verify all features, dimensions, numbers, etc...also note that the Owner owns 2 other 4-plexes adjacent to this - that all share the same parking lot. Meaning, you could own a total of 12 units. There is also a vacant lot adjacent to this quad that could be purchased for $75k. Buyer could build up to 28 units on this lot!).

Location

Full feature list

Basic info

Property type
Multi-family
Number of bathrooms
4
Square feet
2,800
Year built
1982
Days on market
9

Utilities

Heating
Central, Fireplace(s)
Cooling
Central air
Sewer
Public sewer
Water
Public

Public schools

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Sourced from: Pensacola Association of REALTORS MLS®#: 672374 Last checked:

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