INVESTOR ALERT! This is a turn key income producing investment with an attractive cap rate. Each side was previously rented for 825 a month totaling 19800 in income yearly. This duplex produces a 11.6 cap rate without factoring in any repairs or additional expenses aside from taxes. Both units have been freshly updated with new paint, year old tile flooring through out for easy upkeep, and an updated full tile shower bathroom and modern vanity. Update modern vinyl double pane windows. Each side is set up with a large living room when you walk in followed buy a large bedroom and full bathroom in the room next to it. Then the back of the units include a spacious open kitchen with room for dining and a back door to access the backyard. Excellent opportunity to own a reasonably priced duplex that cash flows instantly.
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 680167
Price : $159,900
Year Built : 1954
Building Area : 1,376 Sqft
Status : Active
Property SubType : Duplex
Features
Heating System : Wall/window Unit(s)
Cooling System : Wall/window Unit(s)
Appliances : Electric Water Heater
Electric : Circuit Breakers
Flooring : Tile
Lot Features : Interior Lot
Parking Features : Driveway
Roof : Composition
Sewer : Public Sewer
Address Map
State : FL
County : Escambia - Fl
City : Pensacola
Zipcode : 32505
Street : 2407 W Lakeview Ave
Floor Number : 0
Longitude : W88° 45' 19.4''
Latitude : N30° 25' 55.4''
Directions : From Fairfield Dr to South on Pace Blvd. West (Right) onto Lakeview. Duplex on left.