If you're looking for over $1000 in net cash flow each month you've found your property! This money making duplex sits in the heart of Downtown Pensacola - walking distance from all the ammenities. It is currently 100% occupied with long term tenants and an excellent rental history before that. Income from both units totals $2400 total monthly and there is potential to raise these upon lease renew. Yearly taxes are $1730 and the current insurance premium is about $1100 yearly. With those numbers, you'll be left with a healthy passive check each month or a nearly free-living situation if you live in one side and rent out the other. Nearby Airbnb rates ring in at $100+ per night - potentially more during summer and holiday seasons. New kitchen and a nearly completed exterior facelift make this place shine. The charm of the neighborhood is complemented by historic architecture and walkable streets. To the left and right you'll notice newly renovated homes. Through the front doors, you'll find high ceilings and original hardwood flooring. From the steps, this gem is just a short bike ride or walk to the popular downtown lifestyle. If you like the sound of that your tenants will too. Message today for more information.
Listing courtesy of KELLER WILLIAMS REALTY GULF COAST.
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