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65 N Donelson St

Pensacola, FL 32502
  • $700,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 657520
UPDATED: 56 min ago
$700,000
  • 6
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,050
    SQFT
  • $341
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

VA ASSUMPTION ELIGIBLE: 2.75% RATE * This fully furnished 4-unit Downtown investment property is perfect for house hacking FHA or VA * All 4 units are currently short term rentals (listed on just AirBnB currently) grossing an impressive 4-year average of $97,249 annual rental revenue * Property appraised at $745,000 early 2024 * For the aspiring investor, this is a perfect opportunity to cash flow your housing by living in one unit while renting the others. Either continue renting the other 3 units short term, or place a long term tenant in one (or all) of the units for additional stability. The options are many, and you can't find a better location for the price * The property is comprised of the following structures: 1) The main house with 3 bedrooms and 1 bathroom 2) A studio apartment boasting a large great room, sky-high ceilings, and a spiral staircase to the loft 3-4) The "carriage house" is an upstairs/downstairs duplex, each 1 bedroom and 1 bath 5) Garage/storage area with 300sqft for overflow * Located just one block north of Garden St, it's a short walk to Palafox St, the Blue Wahoos Stadium, Bruce Beach, Pensacola Bay Center, and ALL the amenities of Downtown Pensacola! You can't find a property on the market with better potential *** Buyer and Buyer's Agent to verify all features, dimensions, measurements, etc that may be important to you.

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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: 2025-02-16T14:54:19.667.
www.connellsellsthecoast.com/homes/159415347
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65 N Donelson St Pensacola, FL 32502

  • Price: $700,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 56 min ago
  • MLS #: 657520
6
Beds
4
Baths
0
½ Baths
N/A
Acres
2,050
SQFT
$341
$/SQFT
1920
Built
Neighborhood:
None
County:
Escambia
Area:
Pensacola
Elementary School:
Global Learning Academy
Middle School:
Workman
High School:
Pensacola
Property Description
VA ASSUMPTION ELIGIBLE: 2.75% RATE * This fully furnished 4-unit Downtown investment property is perfect for house hacking FHA or VA * All 4 units are currently short term rentals (listed on just AirBnB currently) grossing an impressive 4-year average of $97,249 annual rental revenue * Property appraised at $745,000 early 2024 * For the aspiring investor, this is a perfect opportunity to cash flow your housing by living in one unit while renting the others. Either continue renting the other 3 units short term, or place a long term tenant in one (or all) of the units for additional stability. The options are many, and you can't find a better location for the price * The property is comprised of the following structures: 1) The main house with 3 bedrooms and 1 bathroom 2) A studio apartment boasting a large great room, sky-high ceilings, and a spiral staircase to the loft 3-4) The "carriage house" is an upstairs/downstairs duplex, each 1 bedroom and 1 bath 5) Garage/storage area with 300sqft for overflow * Located just one block north of Garden St, it's a short walk to Palafox St, the Blue Wahoos Stadium, Bruce Beach, Pensacola Bay Center, and ALL the amenities of Downtown Pensacola! You can't find a property on the market with better potential *** Buyer and Buyer's Agent to verify all features, dimensions, measurements, etc that may be important to you.
Exterior Features

Carport Spaces 1 Carport YN Yes Construction Materials Frame Covered Spaces 1 Fencing Back YardPrivacy Foundation Details Off GradeSlab Garage YN No Levels OneTwo Lot Features Historic District Other Structures Workshop/StorageDetached Self Contained Living Area Parking Features Carport Parking Total 1 Patio And Porch Features Patio Pool Features None Roof Shingle Waterfront Features None Waterfront YN No

Interior Features

Appliances Water HeaterElectric Water HeaterBuilt In MicrowaveDishwasherRefrigerator Cooling Central AirWall/Window Unit(s) Cooling YN Yes Flooring HardwoodTileVinyl Heating CentralNatural GasWall/Window Unit(s) Heating YN Yes Interior Features Ceiling Fan(s)Vaulted Ceiling(s)Walk-In Closet(s)Attached Self Contained Living AreaSun Room Laundry Features InsideW/D Hookups Room Kitchen Features Tile Counters Window Features Skylight(s)

Property Features

Building Area Total 2050 Building Name None Electric Circuit BreakersCopper Wiring 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 Other Road Responsibility Public Maintained Road Sale Rent For Sale Sewer Public Sewer Special Listing Conditions As Is Water Source Public Zoning Description CityRes Multi

Listing provided by Key Impressions LLC: 850-776-4580.


© 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: 2025-02-16T14:54:19.667.
 
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Connell & Company Realty, Inc.
2107 Airport Blvd
Pensacola FL, 32504