Bought with Daniel Hua • Alliance Real Estate
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6010 Sanders St Pensacola, FL 32504
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Key Details
Sold Price $655,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 6,343 sqft
Price per Sqft $103
Subdivision Abb
MLS Listing ID 640252
Sold Date 04/01/24
Bedrooms 12
Full Baths 6
HOA Y/N No
Originating Board Pensacola MLS
Year Built 1969
Property Description
Possibilities & profit abound for this income generating property which is located in heart of Pensacola and convenient to the airport, interstate, colleges, shopping, restaurants & more! Situated on 1.45 acres, this property offers 8 income generating options which include a 4 bed/ 2 bath single family house, 3 duplexes which offer a total of six 2 bed/ 1 bath units AND a detached garage which is approximately 1000 sq ft and could be rented for additional income. BONUS: Zoning suggests that it may be possible for a new owner to add additional units! This property has been owned by the same family for over 30 years! It has been well cared for and when something breaks they make repairs but there is an opportunity for a savvy new owner to make improvements that drive up rents and increase value! Current gross monthly rent is $7600 but with 2 bd units renting for an average of $1199 in the area and 4 bedroom houses renting for an average of over $2k per month there is a lot of room for growth. Most units are rented on a month to month lease to long term tenants. The house has the only long term lease and is rented through November 2024 for $1695. Owner pays water/garbage which averages about $250 per month, owner pays electric for units A & B(single meter) which typically runs between $200-300 per month. Recent updates to the 4/2 house include new wiring, new roof in 2022 and new hvac in 2022. Additional information and pictures available upon request. NOTE: DO NOT DISTURB TENANTS
Location
State FL
County Escambia
Zoning County,Res Multi
Interior
Interior Features Sun Room
Heating Central
Flooring Tile, Carpet
Appliance Electric Water Heater
Exterior
Parking Features 2 Car Carport, 2 Space/Unit, Detached
Carport Spaces 2
View Y/N No
Roof Type Shingle
Total Parking Spaces 2
Garage No
Building
Lot Description Interior Lot
Faces From Creighton Rd: turn South on Sanders St, property is on your left. The house has a separate drive way from the duplexes and detached garage.
Water Public
New Construction No
Others
Tax ID 311S301901112005
Special Listing Condition As Is
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