509 N L St Active Save Request In-Person Tour Request Virtual Tour
Pensacola,FL 32505
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,121 sqft
Price per Sqft $115
Subdivision West King Tract
MLS Listing ID 655782
Full Baths 4
HOA Y/N No
Originating Board Pensacola MLS
Year Built 1996
Lot Dimensions 91.5' x 150'
Property Description
Incredible Investment Opportunity in a Prime Location! This well-maintained, brick and vinyl triplex offers an excellent chance to own a multi-family, income-producing property in a fantastic location, just minutes from the Navy Base, hospitals, shopping, and Downtown Pensacola. Featuring two spacious 3-bedroom/2-bath units (approximately 1,450 sq. ft. each) and one 2-bedroom/2-bath unit (approximately 1,225 sq. ft.), each unit is equipped with front and back entrances, inside utility rooms with wash tubs, and ample pantry space, providing added functionality and comfort. The expansive, fenced backyard offers privacy and room for future expansion, including an outbuilding on the lot with water and power connections, making it a potential 4th rental unit or a bonus storage area. Each unit boasts large master bedrooms, vinyl, tile, and carpet flooring, and included kitchen appliances. Unit A is currently rented month-to-month, while Unit B is occupied by the owner. Unit C, currently used as a furnished Airbnb, adds immediate short-term rental income potential. This property features numerous recent updates, including a brand-new roof installed in 2023. Additional amenities include washer/dryers in Units A and C, separate electric meters, and a large parking area for 6 cars! With plenty of opportunities to further improve and maximize rental income, this triplex is a fantastic investment. The large lot size and low-maintenance exterior make this property stand out. Many items in the yard and outbuildings convey with the sale, offering even more value. Don’t miss this chance to own a ready-to-rent property with significant income potential and room to grow! Call today to schedule your showing.
Location
State FL
County Escambia
Zoning Res Multi
Rooms
Other Rooms Workshop/Storage,Yard Building
Kitchen Kitchen Island,Pantry
Interior
Interior Features Storage,Baseboards,Ceiling Fan(s),High Speed Internet,Track Lighting,Walk-In Closet(s)
Heating Central
Cooling Ceiling Fan(s),Multi Units,Central Air
Flooring Tile,Vinyl,Carpet
Appliance Electric Water Heater,Dryer,Washer,Built In Microwave,Dishwasher,Self Cleaning Oven
Exterior
Parking Features Driveway,Front Entrance,Guest
Fence Partial,Privacy
Pool None
Utilities Available Cable Available
View Y/N No
Roof Type Shingle
Garage No
Building
Lot Description Central Access
Faces From West Cervantes St, turn South onto N. L Street. Home is on the right.
Story 1
Water Public
Structure Type Brick,Frame
New Construction No
Others
Tax ID 000S009060012118
Security Features Smoke Detector(s)
Special Listing Condition As Is