Residential Income For Sale

Located in the heart of downtown Pensacola, this 1940s red brick fourplex blends historic charm with modern investment appeal and low maintenance living. A wrought iron fence surrounds the large lot, featuring front and backyard green space, mature shade trees, and dedicated side parking to keep residents off the street overnight. The roof was replaced in 2021 following Hurricane Sally. Downstairs units are one bedroom, one bathroom, each with its own private entrance from the covered front porch, wood floors, and granite kitchen countertops. The two upstairs units share an interior central staircase from the front entrance and offer two bedrooms, one bathroom, also with wood floors and granite kitchen countertops. Original crown molding and baseboards remain throughout, and ceiling fans have been added in every bedroom. Upstairs tenants also have private backyard access via a shared staircase. Recent upgrades include a new dishwasher in Unit 1, a new microwave in Unit 3, and a new refrigerator and AC in Unit 4. Three units include in-unit washers and dryers, and each unit is separately metered for utilities. Three units are currently leased, with lease end dates ranging June through August. The fourth unit, a spacious two bedroom upstairs, is vacant and available for viewing. Zoned R-NCB (Residential/Neighborhood Commercial), this property sits minutes from Blue Wahoos Stadium, downtown shopping, and restaurants, while staying tucked just outside the hustle for quieter living. Ideal for college roommates, young professionals, or anyone wanting to be close to the action without living in the middle of it.