200 Holmes Ave, Pensacola, FL 32507

$314,700
2
BD
1
BA

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List Price
$314,700
MLS#
687796
Status
ACTIVE
Type
Multifamily
Year Built
1948
City
Pensacola
Subdivision
Navy Point
Bedrooms
2
Bathrooms
1

Property Description

TURNKEY DUPLEX | STRONG RENTAL HISTORY | FURNISHED UNIT B! Welcome to 200 Holmes Dr, an income-producing duplex with extensive updates to both units and excellent rental potential. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking additional rental income, this property offers flexibility, updates, and established tenants. Unit A features central HVAC, new front and back doors, a new toilet, plumbing installed for a washer and dryer, and a new electrical panel. The unit is currently occupied by long-term tenants with a lease extending through December 2027 at $900/month. Washer and dryer are tenant-owned. Unit B has been completely renovated down to the studs and features new plumbing, a new kitchen, renovated bathroom, central HVAC, new back door, most windows replaced, new electrical panel, and plumbing for both laundry and a dishwasher. A stackable washer and dryer are included, and a new dishwasher. Additional improvements include a tankless gas water heater. Unit B is being sold fully furnished, with everything inside conveying with the sale. The unit has been successfully rented to military tenants for $1,575/month. The exterior has been thoughtfully improved with fresh paint, new sod, a complete irrigation system with a separate irrigation meter, and fencing for both units. With significant renovations already completed, established rental income, and a turnkey furnished second unit, 200 Holmes Dr is a great opportunity for an investor seeking a property with immediate income and future potential. Buyer to verify all lease terms, rental information, measurements, and features.

Additional Information

High School
Pensacola
Lot Description
Interior Lot
Interior Features
Ceiling Fan(s)
Cooling
Multi Units, Central Air
Heating
Central
Exterior Features
Fire Pit, Sprinkler
Waterfront Type
None
Waterfront Description
None
Roof
Shingle
Pool Description
None
Parking
2 Space/Unit
Elementary School
Navy Point
Middle School
BAILEY
High School
Pensacola

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Calculator source: Real Geeks

Listing courtesy of Levin Rinke Realty.

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