701 N Old Corry Field Rd Active

Pensacola,FL 32506

$ 599900

- Bed

- Bath

9000 SqFt


Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 9,000 sqft

Price per Sqft $66

Subdivision Murray Hill

MLS Listing ID 655588

HOA Y/N No

Originating Board Pensacola MLS

Year Built 1957

Property Description

This Multi Family complex is a mix of block built homes, duplexes and mobile homes with a proven track record for bringing an investor a strong return. With 16 Units altogether - 3 Are in need of rehabilitation and 14 units are leased with transferrable deposits. Gross rents for current leases is $9,000/Month and $5,845/month Net after all maintenance, tax, trash, repairs budget and utility expenses. With 3 units that could be brought back to rented status, there is potential for more income. Owner pays water, trash, grounds maintenance, and makes all repairs. 10 Septic systems (some units share a tank) are all operational and have been personally maintained. 3 of the mobile homes do not have transferable title, and must be transferred with hold harmless. CASH ONLY - No Financing other than private loans. Ask your agent for the detail sheet provided in our documents or call today for more info!

Location

State FL

County Escambia

Interior

Heating Central,Wall/Window Unit(s)

Cooling Central Air,Wall/Window Unit(s)

Exterior

View Y/N No

Roof Type Composition,Metal

Building

Lot Description Corner Lot

Faces North On Old Corry Field Rd from Barrancas

Story 1

Structure Type Block,Frame

New Construction No

Others

Tax ID 342S300170001054

Special Listing Condition As Is

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