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615 N Spring St

Pensacola, FL 32501
  • $525,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 658417
UPDATED: 37 min ago
$525,000
  • 4
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1908
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Located in the heart of the North Hill Historic District, this stately multi-family property blends historic charm with modern income potential. Originally built by the esteemed "Moreno" family, the home retains its architectural elegance while offering exceptional versatility. Whether used for long-term rentals, short-term stays, boutique commercial use, or an owner-occupied home w/supplemental income, this property offers a unique investment opportunity in one of Pensacola's most sought-after locations. Inside, high ceilings, intricate moldings, original heart pine floors, and multiple fireplaces highlight its timeless character. A charming upstairs covered balcony overlooking Spring Street provides a perfect outdoor retreat. The building features high-functioning residential floor plans and includes a detached carport w/storage room. Unit 1 is a 1-bedroom, 1-bath downstairs residence featuring 2 fireplaces, functional pocket doors, built-in bookshelves, and abundant natural light. Unit 2, also a 1-bedroom, 1-bath downstairs, offers high ceilings and a beautifully preserved original fireplace. Unit 3, a spacious 2-bedroom, 2-bath comprising the entire upstairs, stands out with a private balcony, a renovated kitchen (2023), and a master bedroom with two large closets. Both bathrooms in Unit 3 feature classic clawfoot tubs. Coin laundry is available on-site. A new roof & other recent updates reflect the seller's commitment to preserving the property's integrity. Units are individually metered for electric; the owner covers electric for common areas, water/sewer, and trash. Current zoning allows for selective commercial use, enhancing investment potential. Minutes from downtown Pensacola's dining, shopping, and business district, this property ensures strong tenant demand and income potential. Whether you're an investor, homeowner, or entrepreneur, this is a rare opportunity to own a piece of Pensacola's rich history. Additional information is available upon request.

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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: 2025-02-12T12:54:19.27.
www.connellsellsthecoast.com/homes/159975907
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615 N Spring St Pensacola, FL 32501

  • Price: $525,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 37 min ago
  • MLS #: 658417
4
Beds
4
Baths
0
½ Baths
N/A
Acres
1908
Built
Neighborhood:
Belmont Tract
County:
Escambia
Area:
Pensacola
Elementary School:
Global Learning Academy
Middle School:
Workman
High School:
Pensacola
Property Description
Located in the heart of the North Hill Historic District, this stately multi-family property blends historic charm with modern income potential. Originally built by the esteemed "Moreno" family, the home retains its architectural elegance while offering exceptional versatility. Whether used for long-term rentals, short-term stays, boutique commercial use, or an owner-occupied home w/supplemental income, this property offers a unique investment opportunity in one of Pensacola's most sought-after locations. Inside, high ceilings, intricate moldings, original heart pine floors, and multiple fireplaces highlight its timeless character. A charming upstairs covered balcony overlooking Spring Street provides a perfect outdoor retreat. The building features high-functioning residential floor plans and includes a detached carport w/storage room. Unit 1 is a 1-bedroom, 1-bath downstairs residence featuring 2 fireplaces, functional pocket doors, built-in bookshelves, and abundant natural light. Unit 2, also a 1-bedroom, 1-bath downstairs, offers high ceilings and a beautifully preserved original fireplace. Unit 3, a spacious 2-bedroom, 2-bath comprising the entire upstairs, stands out with a private balcony, a renovated kitchen (2023), and a master bedroom with two large closets. Both bathrooms in Unit 3 feature classic clawfoot tubs. Coin laundry is available on-site. A new roof & other recent updates reflect the seller's commitment to preserving the property's integrity. Units are individually metered for electric; the owner covers electric for common areas, water/sewer, and trash. Current zoning allows for selective commercial use, enhancing investment potential. Minutes from downtown Pensacola's dining, shopping, and business district, this property ensures strong tenant demand and income potential. Whether you're an investor, homeowner, or entrepreneur, this is a rare opportunity to own a piece of Pensacola's rich history. Additional information is available upon request.
Exterior Features

Carport Spaces 1 Carport YN Yes Construction Materials Frame Covered Spaces 1 Exterior Features Balcony Foundation Details Off Grade Garage YN No Levels Two Lot Features Corner Lot Open Parking YN Yes Other Structures Workshop/Storage Parking Features CarportDrivewayOn Street Parking Total 1 Patio And Porch Features Covered Pool Features None Roof Shingle

Interior Features

Appliances Electric Water HeaterDryerWasherRefrigerator Cooling Central Air Cooling YN Yes Fireplace Features Two or More Fireplace YN Yes Flooring HardwoodTile Heating CentralFireplace(s) Heating YN Yes Interior Features StorageBaseboardsBookcasesCeiling Fan(s)Crown MoldingHigh CeilingsHigh Speed Internet Laundry Features InsideW/D HookupsCommon Area Window Features ShuttersBlinds

Property Features

Building Area Total 2680 Electric Circuit BreakersCopper Wiring Horse YN No Lease Term 7 to 12 Months Listing Agreement Exclusive Right To Sell New Construction YN No Pets Allowed Yes Possession Rental Agreement Property Condition Resale Property Sub Type Triplex Road Responsibility Public Maintained Road Sale Rent For Sale Sewer Public Sewer Special Listing Conditions As Is Tenant Pays Cable TVElectricityInternet Utilities Cable Available Zoning Description CommercialDeed RestrictionsHistoricalRes Multi

Listing provided by KELLER WILLIAMS REALTY GULF COAST: 850-471-5000.


© 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: 2025-02-12T12:54:19.27.
 
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Connell & Company Realty, Inc.
2107 Airport Blvd
Pensacola FL, 32504