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508 W Gregory

Pensacola, FL 32502
  • $675,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 654417
$675,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Cash flowing opportunity with A+ paying tenants. Turn-key downtown 3-unit property perfect for investors as two of the three units have been used as short-term rentals, while the third was owner-occupied, but has a wait list for its leasing consideration. Two rental units come furnished, they are the downstairs unit in main house at 1055 sq, ft. and the 900 sq ft cottage out back. The upstairs unit was owner occupied, 1055 sq, ft and is offered unfurnished. The upstairs unit has two decks, one at the entry door and the other on the opposite side allowing great views in every direction. Seller has completely remodeled (down to the studs!) the property in the last two years. It is only a few blocks to the center of downtown and Palafox St. A unique must-see, brimming with opportunity! Driveway on east side will convey with property.

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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: 2024-12-04T23:54:22.463.
www.connellsellsthecoast.com/homes/157189285
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508 W Gregory Pensacola, FL 32502

  • Price: $675,000
  • Status: Active
  • On Site: 40 Days
  • MLS #: 654417
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Belmont Tract
County:
Escambia
Area:
Pensacola
Elementary School:
Global Learning Academy
Middle School:
Workman
High School:
Pensacola
Property Description
Cash flowing opportunity with A+ paying tenants. Turn-key downtown 3-unit property perfect for investors as two of the three units have been used as short-term rentals, while the third was owner-occupied, but has a wait list for its leasing consideration. Two rental units come furnished, they are the downstairs unit in main house at 1055 sq, ft. and the 900 sq ft cottage out back. The upstairs unit was owner occupied, 1055 sq, ft and is offered unfurnished. The upstairs unit has two decks, one at the entry door and the other on the opposite side allowing great views in every direction. Seller has completely remodeled (down to the studs!) the property in the last two years. It is only a few blocks to the center of downtown and Palafox St. A unique must-see, brimming with opportunity! Driveway on east side will convey with property.
Exterior Features

Construction Materials Frame Exterior Features BalconyBarbecueFire Pit Fencing Back YardOtherPrivacy Levels Two Lot Features Central Access Patio And Porch Features LanaiDeckPatio Roof Gable

Interior Features

Cooling Ceiling Fan(s)Multi Units Cooling YN Yes Fireplace YN Yes Heating Central Heating YN Yes Laundry Features Common Area Window Features Double Pane Windows

Property Features

Accessibility Features Exterior Handicap Provision Association Fee Includes GasMaintenance GroundsMaintenanceManagementPest Control Association YN Yes Building Area Total 2110 Building Name None Community Features Pavilion/Gazebo Electric Circuit BreakersCopper Wiring Green Energy Efficient Heat PumpInsulationInsulated Walls Horse YN No Lease Term 7 to 12 Months Listing Agreement Exclusive Right To Sell New Construction YN No Pets Allowed Yes Property Condition Resale Property Sub Type Triplex Sale Rent For Sale

Listing provided by Luxury Real Estate Group: 954-812-1412.


© 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: 2024-12-04T23:54:22.463.
 
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Connell & Company Realty, Inc.
2107 Airport Blvd
Pensacola FL, 32504