Bought with Jess Townley • Levin Rinke Realty
$390,000
$429,229
9.1%For more information regarding the value of a property, please contact us for a free consultation.
3,224 SqFt
SOLD DATE : 10/24/2022
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,224 sqft
Price per Sqft $120
Subdivision Fowler Place
MLS Listing ID 616556
Sold Date 10/24/22
HOA Y/N No
Originating Board Pensacola MLS
Year Built 1983
Property Description
This is an ideal income producing rental property centrally located near interstate 10 and Highway 29 in Pensacola, FL. This is one of the few quads currently listed in Escambia County at an affordable price. This is a total of 4 units, 2 bedroom 1 bath approximately 806 sqft each with a fire place (mirror images of each other). Current rents are 1 HUD tenant Unit A $800, B-D Units $750 and are month to month leases. Total annual gross rental income $3,050. The Fowler Place HOA is $1,500 annually $375 per quarter and covers community lighting, lawn maintenance, and trash services. Tenants are responsible for own power and water. Units are all on septic tank and do not have a sewage bill with ECUA. NOTE seller has replaced the roof in September 2022 NOTE seller has replaced the septic drain field lines in September 2022
Location
State FL
County Escambia
Interior
Heating Central
Cooling Central Air
Fireplaces Type Two or More
Fireplace true
Appliance Electric Water Heater
Exterior
Exterior Feature Balcony
View Y/N No
Roof Type Shingle
Building
Lot Description Central Access
Faces Highway 29 North to Detriot Blvd, Left on Detroit Blvd, Approximately .5 miles down on right Fowler Ave, Take Right on Fowler Ave, .5 miles down take a Right into Fowler Place, First Building on the Right
Story 2
Structure Type Frame
New Construction No
Others
Tax ID 101S301400000130
Special Listing Condition As Is
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