Charles Stallions Real Estate Services Inc.

Properties

Residential Income For Sale

1629 E Lakeview Ave, Pensacola, Florida 32503

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Property Description

Welcome to the epitome of opportunity in East Hill! Discover a rare gem in this vibrant neighborhood, featuring three distinct properties on a single expansive lot, offering unparalleled potential for savvy investors or those seeking multifamily living options. Situated in the desirable East Hill neighborhood, this property is surrounded by parks, shopping, and dining options, enhancing its appeal to potential tenants and short-term guests alike. Main House: The centerpiece of this property is a charming main house with two bedrooms and two baths, with the possibility to expand by converting the existing sunroom into a third bedroom. Duplex Units: Adjacent to the main house, you’ll find a fully-furnished duplex, each unit boasting a generously sized bedroom and bathroom. These units have a proven track record as successful short-term Airbnb rentals, providing immediate and lucrative income potential. Investment Highlights – Turnkey Income: All three units are currently leased and ready to generate rental income from day one. Proven Success: These units have a history of high occupancy, and the duplex units have operated as successful short-term Airbnbs with positive reviews in the past. Expansion Potential: The main house offers the opportunity to increase its value by adding an extra bedroom. Multi-Property Package: Diversify your portfolio with three separate rental opportunities on one lot. High Demand Area: East Hill’s vibrant community and amenities make it a sought-after location for both long-term tenants and short-term visitors. NEW roofs installed July 2024. Online estimates do not accurately reflect the duplex on the property. Don’t miss out on this exceptional opportunity to own a piece of East Hill’s charm and maximize your investment potential!

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 644420
Price : $744,000
Year Built : 1947
Building Area : 2,772 Sqft
Status : Active
Property SubType : Other
Features
Heating System : Natural Gas
Electric : Circuit Breakers
Interior Features : Sun Room
Lot Features : Corner Lot
Roof : Shingle
Address Map
State : FL
County : Escambia
City : Pensacola
Zipcode : 32503
Street : 1629 E Lakeview Ave
Floor Number : 0
Longitude : W88° 48' 8''
Latitude : N30° 26' 6.6''
Directions : FROM CERVANTES, NORTH ON 17TH TO LAKEVIEW. CORNER OF 17TH AND LAKEVIEW.
Subdivision Name : None
MLS Addon
Office Name : 1st Class Real Estate Gulf Coast
Agent Name : Sophie Grizzle
Elementary School : Oj Semmes
High School : Pensacola
Agent MlsId : 17784
Office MlsId : 1CRE01
MiddleOrJunior School : Workman
Number Of Units : 3
Special Listing Conditions : As Is
Residential Income For Sale
  • Listing ID : 644420
$744,000
Agent info
Charles Stallions
Charles Stallions Real Estate
Contact Agent