Homes for sale - 65 N Donelson St, Pensacola, FL 32502

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Jack Lara

Epique

jack@pensacolaareaproperties.com +1(850) 616-6377

Listed by Michael Warinner • Key Impressions LLC

$ 700,000

Est. payment | -/mo

6 Beds

4 Baths

2,050 SqFt

Save

$ 700,000

Est. payment | -/mo

Save

6 Beds

4 Baths

2,050 SqFt

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

+1(850) 616-6377

jack@pensacolaareaproperties.com

65 N Donelson St Pensacola, FL 32502