600 Jackson St, Pensacola, FL 32501

$595,000
Sold Price
$595,000
List Price
$649,000
Closing Date
Apr 12, 2022
MLS#
602347
Status
SOLD
Type
Multifamily
Year Built
1908
City
Pensacola
Subdivision
East King Tract

Property Description

Investors Alert ! Great rental income of 4 units in the Best Location in Pensacola downtown: can walk to restaurants, bar, store, 15 minutes from Pensacola beach. No restrictions for Airbnb!! The property has 3 apartments and 1 studio apartment. Unit A has 2 bedrooms and 1 bathroom and a kitchen. Unit B has a living room kitchen combo, 1 bathroom and half room that can be used as a closet or an office. Unit C is 1 bedroom and 1 bath without a kitchen and is used as an Airbnb, everything inside convey. This unit is constantly booked all year, approximately annual income $ 25,000. Unit D is upstairs and has 2 bedrooms, a kitchen and dining room and a nice balcony,. There are 2 separate rooms with their own entrance that are used as storage right now one room has half bathroom and they can both potentially become another 2 units. The house has great bones and it has been updated and maintained: has newer plubliming, copper wiring, a brand new roof was put on a couple weeks ago, the are 4 AC Heat Pump and there are few years old, keeps the electric bill low, each unit has its own electrical meter. 3 bathrooms have been remodeled and the inside of the house has been painted. The backyard is big enough to build another guest house. The property is located a couple blocks from the new construction "The Village at Wright Street". This property has a lot of income potential, it just needs some cosmetic updates to make it look fabulous. Future performance income $10,000 per month for airbnb 4 units. An inspection was done last week, inspection report available. The property has a Termite bond.

Additional Information

High School
Pensacola
Lot Description
Central Access, Corner Lot
Interior Features
Cathedral Ceiling(s), Office/Study
Cooling
Ceiling Fan(s), Multi Units, Central Air
Heating
Multi Units, Central
Roof
Shingle
Elementary School
Global Learning Academy
Middle School
Workman
High School
Pensacola
Financing
FHA

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of KELLER WILLIAMS REALTY GULF COAST. Selling Office: Levin Rinke Realty.

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