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106 and 108 Cherokee Trl

Pensacola, FL 32506
  • $225,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 659179
UPDATED: 25 min ago
$225,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

***Income-Producing Triplex Duplex with Detached Efficiency Unit*** This three-unit investment property offers immediate cash flow and strong long-term potential. The property includes a duplex and a detached efficiency unit on the same lot, providing multiple income streams. The duplex is currently rented for $1,620 per month on annual leases, with room to increase rents. The efficiency unit offers additional income potential, with market rents estimated at over $500 per month. Recent updates include a newer roof, just three years old, reducing capital expenditures for the foreseeable future. The duplex has also been rewired, adding to the property's reliability and value. Professionally managed with quality tenants already in place, this is a true turnkey investment with minimal hands-on involvement. The strong rental history and the ability to optimize rental rates make this an excellent opportunity for investors looking to maximize cash flow. Schedule a showing today.

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© 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2025-03-24T21:54:22.58.
www.connellsellsthecoast.com/homes/160561171
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106 and 108 Cherokee Trl Pensacola, FL 32506

  • Price: $225,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 25 min ago
  • MLS #: 659179
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1953
Built
Neighborhood:
Osceola Country Club
County:
Escambia
Area:
Pensacola
Elementary School:
Sherwood
Middle School:
Bellview
High School:
Escambia
Property Description
***Income-Producing Triplex Duplex with Detached Efficiency Unit*** This three-unit investment property offers immediate cash flow and strong long-term potential. The property includes a duplex and a detached efficiency unit on the same lot, providing multiple income streams. The duplex is currently rented for $1,620 per month on annual leases, with room to increase rents. The efficiency unit offers additional income potential, with market rents estimated at over $500 per month. Recent updates include a newer roof, just three years old, reducing capital expenditures for the foreseeable future. The duplex has also been rewired, adding to the property's reliability and value. Professionally managed with quality tenants already in place, this is a true turnkey investment with minimal hands-on involvement. The strong rental history and the ability to optimize rental rates make this an excellent opportunity for investors looking to maximize cash flow. Schedule a showing today.
Exterior Features

Lot Features Corner Lot Roof Shingle

Interior Features

Heating Central Heating YN Yes

Property Features

Building Area Total 1352 Building Name None Electric Circuit Breakers Horse YN No Listing Agreement Exclusive Right To Sell Property Sub Type Triplex Sale Rent For Sale

Listing provided by Levin Rinke Realty: 850-916-5050.


© 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2025-03-24T21:54:22.58.
 
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Connell & Company Realty, Inc.
2107 Airport Blvd
Pensacola FL, 32504