701 N Old Corry Field Rd
Pensacola, FL 32506
9000 sqft | #655588
Description
This Multi Family complex is a mix of block built homes, duplexes and mobile homes with a proven track record for bringing an investor a strong return. With 16 Units altogether - 3 Are in need of rehabilitation and 13 units are leased with transferrable deposits. Gross rents for current leases is $8,550/Month and $5,395/month Net after all maintenance, tax, trash, repairs budget and utility expenses. With 3 units that could be brought back to rented status, there is potential for more income. Owner pays water, trash, grounds maintenance, and makes all repairs. 10 Septic systems (some units share a tank) are all operational and have been personally maintained. 3 of the mobile homes do not have transferable title, and must be transferred with hold harmless. CASH ONLY - No Financing other than private loans. Ask your agent for the detail sheet provided in our documents or call today for more info!
Property Details
- Lot DescriptionCorner Lot
Measurements
- Square Feet9000
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1957
Community and Neighborhood Details
- SubdivisionMurray Hill
Location
- Elementary SchoolWest Pensacola
- Middle SchoolWarrington
- High SchoolPensacola
- CountyEscambia
Financial Details
- Original List Price$599,900
Other
- MLS #655588
Location
Legal
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Last Updated: . Source: PAR (FL)
Listing Courtesy
Listing Agent: William Boatner (#13758)
Listing Office: KELLER WILLIAMS REALTY GULF COAST (#KWR002)
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