27 Michigan Ave, Pensacola, FL 32505

$199,900
3
BD
2
BA
1,228
SqFt
List Price
$199,900
MLS#
610854
Status
ACTIVE
Type
Multifamily
Year Built
1956
City
Pensacola
Subdivision
Brentwood Park
Bedrooms
3
Bathrooms
2

Property Description

Unique property with almost 1/2 acre that can be used either as a residential home with a detached office/workspace or guest cottage, or potential to be renovated as an multi-unit long term rental or airbnb. Zoning of HC/LI could allow for commercial use as well (verify your use with the county). There was an additional house on the property that burned down, and the two remaining sturdy block construction buildings have been used as rental property for several years. The larger home is 748 square feet with 2 bedrooms and 1 bathroom. The other building is 480 sq ft and was rented as an efficiency apartment. Both buildings have new 2021 roofs. Potential to rebuild the previous home and have three rental homes/airbnb, or commercial space. The large corner lot has access from both W Michigan and Hansen Blvd. Previous rents were $1100/mo for the 2 bedroom and $600/mo for the efficiency. Rents included utilities as there is no separate metering. Property includes 27 & 29 W Michigan.

Additional Information

High School
Pensacola
Living Area
1,228
Lot Description
Central Access, Corner Lot
Interior Features
Ceiling Fan(s)
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Heating
Wall/Window Unit(s)
Waterfront Type
None, No Waterfront Features
Waterfront Description
None, No Waterfront Features
Roof
Shingle
Pool Description
None
Parking
Driveway
Elementary School
Brentwood
Middle School
Workman
High School
Pensacola

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 Gulf Coast Home Experts, LLC.

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