$599,900
For Sale

701 N Old Corry Field Rd

Pensacola, FL 32506
Browse 12 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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

Bill ZutellReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00