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2370 Hencye Dr

Pensacola, FL 32514
  • $585,000
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 639219
$585,000
  • 7
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,092
    SQFT
  • $280
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Incredible investment opportunity in the real estate market! This Four-plex includes three 2 bedroom 1 bathroom units and an efficiency unit. All units come with new washer/dryer sets. This four-plex is set up with tankless hot water heaters. The amenities like separate entrances for each with a shared screen patio overlooking tranquility add to the unique vibe. New metal roof in September of 2021, new HVAC systems, granite countertops, luxury vinyl plank, hardwood floors add value and appeal to potential tenants. Being near Ferry Pass Bayou adds to its charm and potentially attracts renters seeking a unique location just off Nine Mile Road. Past rental income suggests units could make as much as $4900-$5500 monthly income. Previous renter produced more! All units have Full Bathrooms with some upgrades with some units partially furnished. The potential to add another building with more units could significantly increase your rental income and overall return on investment. Just think what you could do with this property as a short term investment so close to West Florida Hospital and University of West Florida. Parents coming to town and students who may need housing equal great potential as well the market for short term locations have become a great money maker. And think about all the business professionals in the area who may need a home away from home as they travel. Use the Pole Barn with concrete pad how you'd like and there is a basement. All units are currently vacant so if you want to add this great offering to your investment portfolio before the units are rented out or choose to make this your home. You could live in your choice unit and rent the remaining units out - Call to find out how. If you want another option or a second investment take a look at MLS 639218 - 2371 Le Ruth Dr. adjacent property next door which is also for sale!

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© 2024 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: 2024-04-03T23:54:45.337.
www.connellsellsthecoast.com/homes/147666054
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2370 Hencye Dr Pensacola, FL 32514

  • Price: $585,000
  • Status: Active
  • On Site: 59 Days
  • MLS #: 639219
7
Beds
4
Baths
0
½ Baths
N/A
Acres
2,092
SQFT
$280
$/SQFT
1956
Built
Neighborhood:
None
County:
Escambia
Area:
Pensacola
Elementary School:
Mcarthur
Middle School:
Ferry Pass
High School:
Tate
Property Description
Incredible investment opportunity in the real estate market! This Four-plex includes three 2 bedroom 1 bathroom units and an efficiency unit. All units come with new washer/dryer sets. This four-plex is set up with tankless hot water heaters. The amenities like separate entrances for each with a shared screen patio overlooking tranquility add to the unique vibe. New metal roof in September of 2021, new HVAC systems, granite countertops, luxury vinyl plank, hardwood floors add value and appeal to potential tenants. Being near Ferry Pass Bayou adds to its charm and potentially attracts renters seeking a unique location just off Nine Mile Road. Past rental income suggests units could make as much as $4900-$5500 monthly income. Previous renter produced more! All units have Full Bathrooms with some upgrades with some units partially furnished. The potential to add another building with more units could significantly increase your rental income and overall return on investment. Just think what you could do with this property as a short term investment so close to West Florida Hospital and University of West Florida. Parents coming to town and students who may need housing equal great potential as well the market for short term locations have become a great money maker. And think about all the business professionals in the area who may need a home away from home as they travel. Use the Pole Barn with concrete pad how you'd like and there is a basement. All units are currently vacant so if you want to add this great offering to your investment portfolio before the units are rented out or choose to make this your home. You could live in your choice unit and rent the remaining units out - Call to find out how. If you want another option or a second investment take a look at MLS 639218 - 2371 Le Ruth Dr. adjacent property next door which is also for sale!
Exterior Features

Construction Materials Frame Exterior Features Rain Gutters Foundation Details Off Grade Levels One Patio And Porch Features DeckPorchScreened Pool Features None Road Surface Type Unimproved Roof GableMetal Waterfront Features None Waterfront YN No

Interior Features

Appliances Tankless Gas Water HeaterDryerWasherBuilt In MicrowaveRefrigeratorOven Cooling Ceiling Fan(s)Multi UnitsWall/Window Unit(s) Cooling YN Yes Flooring VinylSimulated Wood Heating Multi UnitsWall Furnace Heating YN Yes Interior Features Ceiling Fan(s)Recessed Lighting Laundry Features InsideW/D Hookups Room Kitchen Features Granite CountersSolid Surface Countertops Window Features Blinds

Property Features

Building Area Total 1961 Building Name None Electric Circuit BreakersCopper Wiring Green Energy Efficient Ridge Vent Horse YN No Lease Term None Listing Agreement Exclusive Right To Sell New Construction YN No Possession Close Of Escrow Property Condition Resale Property Sub Type Quadruplex Road Responsibility Road Not MaintainedNo Road Maintenance Sale Rent For Sale Security Features Smoke Detector(s) Sewer Septic Tank Water Source Public

Listing provided by EXP Realty, LLC: 888-883-8509.


© 2024 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: 2024-04-03T23:54:45.337.
 
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Connell & Company Realty, Inc.
2107 Airport Blvd
Pensacola FL, 32504