Nestled in the heart of East Hill, just off N 14th Ave, this property showcases two charming duplexes boasting original brickwork and hardwood floors, ideal for investors seeking prime real estate. With a total of four Luxury Executive Rental units, comprising a 2 bed/2 bath currently renting month to month for $3200/mth, a 2 bed/1 bath, and two 1 bed/1 bath units, versatility meets opportunity. Each unit is fully furnished with high-end furnishing, turnkey, and currently utilized as short-term rentals, presenting a lucrative potential gross income of $118k annually. Residents benefit from an outdoor entertaining space, community laundry room, and the convenience of all utilities covered by the owner. Strategically located in the vibrant East Hill neighborhood, mere miles from Downtown Pensacola, Publix, diverse dining options, craft breweries, the iconic Three Mile Bridge, and the sandy shores of Pensacola Beach, this property epitomizes convenience and accessibility. With its blend of historic charm and modern amenities, coupled with its income-producing potential, this fourplex is a standout investment opportunity in Pensacola's desirable East Hill district. Don't miss your chance to own a piece of this prime real estate market.
Property Features
Bedrooms
- Bedrooms: 6
- Primary Bedroom Dimensions: 11.5 x 11.5
- Primary Bedroom Sqft: 132
- Primary Bedroom Level: First
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Bathroom 1 Dimensions: 5 x 5
- Bathroom 1 Sqft: 25
- Bathroom 1 Level: First
- Primary Bathroom Features: Granite Counters, Tile
Interior Features
- Baseboards
- Ceiling Fan(s)
- Crown Molding
- Recessed Lighting
- Flooring: Hardwood, Tile
- Window Features: Blinds, Some Drapes
Appliances
- Electric Water Heater
- Built In Microwave
- Dishwasher
- Disposal
- Freezer
- Microwave
- Refrigerator
Heating and Cooling
- Cooling Features: Central Air, Wall/Window Unit(s), Ceiling Fan(s)
- Heating Features: Central, Wall/Window Unit(s)
- Heating: Yes
Kitchen and Dining
- Dining Room Features: Breakfast Bar, Eat-in Kitchen
- Kitchen Dimensions: 16 x 14
- Kitchen Features: Not Updated, Granite Counters, Laminate Counters
- Kitchen Level: First
- Kitchen Sqft: 224
Other Rooms
- Living Room Dimensions: 11.8 x 13.5
- Living Room Sqft: 159
- Living Room Level: First
Exterior and Lot Features
- Other Structures: Yard Building
- Patio And Porch Features: Deck, Porch
- Road Responsibility: Public Maintained Road
- Road Surface Type: Paved
Land Info
- Lot Description: Corner Lot
- Lot Size Acres: 0.2137282
- Lot Size Dimensions: 133x70
- Lot Size Square Feet: 9310
Garage and Parking
- Open Parking: Yes
- Parking Features: Driveway, Side Entrance
School Information
- Elementary School: A.K. Suter
- High School: Pensacola
- Middle School: Workman
Homeowners Association
- Association Fee Frequency: Annually
- Calculated Total Monthly Association Fees: 0
Rental Info
- Leasable Area Units: Square Feet
Other Property Info
- Source Listing Status: Active
- County: Escambia
- Directions: From W Cervantes St, drive 1.5 miles till N 14th Ave; turn R the turn L onto E Jackson St
- List Price Low: 1300000
- Source Property Type: Residential Attached
- Property Subtype: townhouse
- Source Neighborhood: New City Tract
- Parcel Number: 000S009025019090
- Subdivision: New City Tract
- Zoning Description: Res Multi
- Property Subtype: Res Attached
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 3430
- Year Built: 1946
- Building Area Total: 1900
- Building Area Units: Square Feet
- Construction Materials: Brick
- Foundation Details: Slab
- Levels: One, Two
- Living Area Units: Square Feet
- Property Age: 78
- Property Attached: Yes
- Property Condition: Resale
- Roof: Shingle
- House Style: Traditional
Utilities
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Public