$300,000
613139 MLS
An excellent opportunity to establish or expand your Pensacola rental portfolio with two 3-bedroom, 1-bath residences offering fenced backyards, practical storage, and convenient access to everyday amenities. Current rents of $1,125 per unit provide a combined monthly rental income of $2,250, or $27,000 in annual gross rent before expenses and vacancy. Both units offer cottage-style charm with open living areas and breakfast-bar kitchens featuring granite-look countertops. Interior updates were completed in 2013, both units have been repainted within the past five years, and vinyl flooring was installed in one unit in 2022. A new roof was installed in 2022, providing an important recent capital improvement. Each unit also features a concrete patio leading to a fenced backyard, along with covered storage and washer and dryer hookups for added functionality. Additional highlights include a clear wood-destroying organism inspection report and a convenient location just minutes from UWF, shopping, medical facilities, Pensacola International Airport, and other key destinations throughout the greater Pensacola area. With established rental income, practical layouts, outdoor space, and meaningful updates already in place, Units C and D offer an appealing opportunity for investors seeking a functional Pensacola rental property. Buyer to verify current rents, occupancy, lease terms, and operating expenses.
9305 Mabel St Unit #C&D, Pensacola