2407 Lakeview Ave, Pensacola, FL 32505

$149,900

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$149,900
Price Change
▼ $10,000 1782528267
MLS#
680167
Type
Multifamily
Year Built
1954
City
Pensacola
Subdivision
Hazlehurst
Status
CONTINGENT

Property Description

INVESTOR ALERT! This is a turn key income producing investment with an attractive cap rate. Each side was previously rented for 825 a month totaling 19800 in income yearly. This duplex produces a 11.6 cap rate without factoring in any repairs or additional expenses aside from taxes. Both units have been freshly updated with new paint, year old tile flooring through out for easy upkeep, and an updated full tile shower bathroom and modern vanity. Update modern vinyl double pane windows. Each side is set up with a large living room when you walk in followed buy a large bedroom and full bathroom in the room next to it. Then the back of the units include a spacious open kitchen with room for dining and a back door to access the backyard. Excellent opportunity to own a reasonably priced duplex that cash flows instantly.

Additional Information

High School
Pensacola
Lot Description
Interior Lot
Cooling
Wall/Window Unit(s)
Heating
Wall/Window Unit(s)
Roof
Composition
Parking
Driveway

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of REALTY MASTERS.