65 N Donelson St Active Save Request In-Person Tour Request Virtual Tour
Pensacola,FL 32502
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,050 sqft
Price per Sqft $341
MLS Listing ID 657520
Bedrooms 6
Full Baths 4
HOA Y/N No
Originating Board Pensacola MLS
Year Built 1920
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.
Location
State FL
County Escambia
Zoning City,Res Multi
Rooms
Other Rooms Workshop/Storage,Detached Self Contained Living Area
Kitchen Tile Counters
Interior
Interior Features Ceiling Fan(s),Vaulted Ceiling(s),Walk-In Closet(s),Attached Self Contained Living Area,Sun Room
Heating Central,Natural Gas,Wall/Window Unit(s)
Cooling Central Air,Wall/Window Unit(s)
Flooring Hardwood,Tile,Vinyl
Appliance Water Heater,Electric Water Heater,Built In Microwave,Dishwasher,Refrigerator
Exterior
Parking Features Carport
Carport Spaces 1
Fence Back Yard,Privacy
Pool None
Waterfront Description None
View Y/N No
Roof Type Shingle
Total Parking Spaces 1
Garage No
Building
Lot Description Historic District
Faces Driving WEST on W Garden St, turn RIGHT (North) on N Donelson St, property is on the corner of Donelson and Chase St.
Story 1
Water Public
Structure Type Frame
New Construction No
Others
Tax ID 000S009080001008
Special Listing Condition As Is