Bought with Patti Freitas • Fathom Realty FL LLC
$400,000
$429,229
6.8%For more information regarding the value of a property, please contact us for a free consultation.
3,224 SqFt
SOLD DATE : 06/30/2022
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,224 sqft
Price per Sqft $124
Subdivision Fowler Place
MLS Listing ID 606803
Sold Date 06/30/22
HOA Y/N No
Originating Board Pensacola MLS
Year Built 1983
Lot Dimensions 115' x 89'
Property Description
This is the only quadplex currently listed in Escambia County. Act fast before this building is SOLD quickly. This is an ideal income producing rental in an excellent location. This is a total of 4 units, 2 bedroom 1 bath approximately 806 sqft each with fire place. The current rents and lease expirations are as follows unit a: lease expiration 6-30-2022 $750 per month, unit b: month to month no lease $700 per month, unit c: lease expiration 6-30-2022 $784 per month, unit d: lease expiration 7-31-2022 $725 per month. Rents can easily be pushed to $800 per month with a potential monthly income of $3,200 and $38,400 annually. Fowler Place HOA $375 per quarter $1,500 annually. HOA pays for lawn and garbage. Tenants pay own water and power each unit metered separately
Location
State FL
County Escambia
Interior
Heating Central
Exterior
View Y/N No
Roof Type Shingle
Building
Lot Description Central Access
Faces Highway 29 North to Detroit Blvd., Left on Detroit Blvd, Approximately .5 miles down on right Fowler Ave, Take Right on Fowler Ave., .5 miles down on Right property
Structure Type Frame
New Construction No
Others
Tax ID 101S301400000010
Special Listing Condition As Is
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP