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

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Kevin & LeaAnn Wade

thewadeteamflorida@gmail.com +1(904) 254-4069

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 Pending

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

Year Built 1920

Property Sub-Type Other

Source Pensacola MLS

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 - Fl

Zoning City,Res Multi

Rooms

Other Rooms Storage, Detached Self Contained Living Area

Kitchen Tile Counters

Interior

Interior Features Ceiling Fan(s), Vaulted Ceiling(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

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(904) 254-4069

thewadeteamflorida@gmail.com

65 N Donelson St Pensacola, FL 32502