Incredible investment opportunity in the real estate market! This Four-plex includes three 2 bedroom 1 bathroom units and an efficiency unit. All units come with new washer/dryer sets. This four-plex is set up with tankless hot water heaters. The amenities like separate entrances for each with a shared screen patio overlooking tranquility add to the unique vibe. New metal roof in September of 2021, new HVAC systems, granite countertops, luxury vinyl plank, hardwood floors add value and appeal to potential tenants. Being near Ferry Pass Bayou adds to its charm and potentially attracts renters seeking a unique location just off Nine Mile Road. Past rental income suggests units could make as much as $4900-$5500 monthly income. Previous renter produced more! All units have Full Bathrooms with some upgrades with some units partially furnished. The potential to add another building with more units could significantly increase your rental income and overall return on investment. Just think what you could do with this property as a short term investment so close to West Florida Hospital and University of West Florida. Parents coming to town and students who may need housing equal great potential as well the market for short term locations have become a great money maker. And think about all the business professionals in the area who may need a home away from home as they travel. Use the Pole Barn with concrete pad how you'd like and there is a basement. All units are currently vacant so if you want to add this great offering to your investment portfolio before the units are rented out or choose to make this your home. You could live in your choice unit and rent the remaining units out - Call to find out how. If you want another option or a second investment take a look at MLS 639218 - 2371 Le Ruth Dr. adjacent property next door which is also for sale!
639219
Fourplex, Multi-Family, 1 Story
7
Escambia
4 Full
1956
Public
1
Frame
Septic Tank
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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