Bought with Leah Tate • Coldwell Banker Realty
$285,726
$397,500
28.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,026 SqFt
SOLD DATE : 11/16/2022
Key Details
Sold Price $285,726
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 1,026 sqft
Price per Sqft $278
Subdivision Woodlands
MLS Listing ID 617013
Sold Date 11/16/22
Style Traditional
Bedrooms 2
Full Baths 2
HOA Fees $150/ann
HOA Y/N Yes
Originating Board Pensacola MLS
Year Built 1984
Lot Size 2.680 Acres
Acres 2.68
Property Description
Great opportunity to add a condo unit to your investment portfolio. The Woodlands Condominium is located in a great location off 9 Mile Rd. Conveniently located near UWF, shopping, and medical facilities. Unit offers 2 bedrooms, 2 baths, W/D hookups, and fireplace. New roof installed January 2021. Association fee is $1,800 per unit. Unit currently being leased for $850 per month. Great opportunity to add 6 condo units to your investment portfolio. The Woodlands Condominium is located in a great location off 9 Mile Rd. Conveniently located near UWF, shopping, and medical facilities. There are 5 additional units by seller. All units offer 2 bedrooms, 2 baths, 1st floor patio, 2nd floor balcony, W/D hookups, and fireplace. There are 4 units located on the 2nd floor, and 2 units located on the 1st floor. New roofs were installed in January, 2021 on all 5 buildings. The yearly association fee is $1,800 per unit. The lease terms are as follows (unit - monthly rent - lease exp.): C102 - $850 - 10/31/2022, C103 - $850 - 03/31/2023, C203 - $950 - 12/31/2022 - E202 - $995 - 10/31/2022, E203 - $925 - 01/31/2023, E204 - $925 - 01/31/2023 Annual Rental Income: $65,940 Expenses: $19,200 NOI: $46,740
Location
State FL
County Escambia
Zoning Res Multi
Rooms
Dining Room Living/Dining Combo
Kitchen Not Updated
Interior
Heating Central, Fireplace(s)
Cooling Central Air, Ceiling Fan(s)
Flooring Tile, Vinyl, Carpet
Fireplace true
Appliance Electric Water Heater, Dishwasher, Refrigerator
Exterior
Parking Features Parking Lot
Pool None
Waterfront Description No Water Features
View Y/N No
Roof Type Shingle
Garage No
Building
Lot Description Central Access
Faces FROM 9 MILE RD, GO NORTH ON SUNNEHANNA BLVD. CONDO WILL BE ON THE RIGHT SIDE.
Story 1
Water Public
Structure Type Frame
New Construction No
Others
HOA Fee Include Association, Maintenance Grounds, Insurance, Maintenance, Trash
Tax ID 061S304800102003
Security Features Smoke Detector(s)
Special Listing Condition As Is
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