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3061 N 16th Ave

Pensacola, FL 32503
  • $399,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 662950
UPDATED: 41 min ago
$399,000
  • 2
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 540
    SQFT
  • $739
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Investment Opportunity in East Hill! Located in the desirable East Hill neighborhood, this (fully renovated down to the stud) duplex offers incredible rental potential. The duplex contains 2 units: each unit contains 2 bedrooms, 1 bathroom, a kitchen, a living room, laundry, and a separate driveway. The sellers put up a new privacy fence as well. With a potential rental income of $1,500 per month per unit, this property has the potential to generate approximately $36,000 in gross annual rental income. With the duplex essentially being brand new, you can enjoy the peace of mind that comes with low maintenance and no immediate repair or update costs. Insurance quotes came in around $2700 per year. This is a rare opportunity to own a modern, well-located multi-unit property in East Hill perfect for investors looking for a high-quality addition to their portfolio. Property comes unfurnished but was staged for photos.

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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: 2025-05-20T18:54:19.27.
www.connellsellsthecoast.com/homes/162809167
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3061 N 16th Ave Pensacola, FL 32503

  • Price: $399,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 41 min ago
  • MLS #: 662950
2
Beds
1
Baths
0
½ Baths
N/A
Acres
540
SQFT
$739
$/SQFT
1955
Built
Neighborhood:
None
County:
Escambia
Area:
Pensacola
Elementary School:
Oj Semmes
Middle School:
Workman
High School:
Washington
Property Description
Investment Opportunity in East Hill! Located in the desirable East Hill neighborhood, this (fully renovated down to the stud) duplex offers incredible rental potential. The duplex contains 2 units: each unit contains 2 bedrooms, 1 bathroom, a kitchen, a living room, laundry, and a separate driveway. The sellers put up a new privacy fence as well. With a potential rental income of $1,500 per month per unit, this property has the potential to generate approximately $36,000 in gross annual rental income. With the duplex essentially being brand new, you can enjoy the peace of mind that comes with low maintenance and no immediate repair or update costs. Insurance quotes came in around $2700 per year. This is a rare opportunity to own a modern, well-located multi-unit property in East Hill perfect for investors looking for a high-quality addition to their portfolio. Property comes unfurnished but was staged for photos.
Exterior Features

Lot Features Central Access Roof Shingle

Interior Features

Heating Central Heating YN Yes

Property Features

Building Area Total 1081 Electric Copper Wiring Horse YN No Listing Agreement Exclusive Right To Sell Property Sub Type Duplex Sale Rent For Sale

Listing provided by Kuhn Realty: 850-266-7557.


© 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: 2025-05-20T18:54:19.27.
 
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Connell & Company Realty, Inc.
2107 Airport Blvd
Pensacola FL, 32504