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Cash flowing Multi-Family in Pensacola, FL 32505 Sold

  • $139,500
  • 5 beds
  • 3 baths
  • 1,136 & 924 sqft

Welcome to 3516 N S St., an exceptional multi-family property nestled on a spacious half-acre lot. This investment opportunity offers a meticulously maintained 3-bedroom, 1-bathroom house with recent updates, accompanied by a charming 2-bedroom, 2-bathroom mobile home. Boasting a lucrative rental history , both units are currently leased, generating a reliable income of $850 per month each. The rents could be easily increased to market rent of $1,250 for the 3/1 and $1,375 on the 2/2. Both Tentants are currently on month-month leases.

The main house at 3516 N S St. presents a comfortable and inviting living space. Step inside to discover a thoughtfully designed layout featuring a spacious living room, perfect for relaxation or entertaining guests. The updated kitchen, complete with modern appliances, ample cabinetry, and countertops that effortlessly blend style and functionality.

The house further reveals three generously sized bedrooms, offering comfortable retreats for occupants. A well-appointed bathroom with contemporary fixtures and finishes completes the interior of this delightful residence. The recent updates throughout ensure a fresh and appealing atmosphere, enhancing the overall appeal of the property.

Adjacent to the main house, the mobile home at 3516 N S St. presents a fantastic opportunity for additional income. With two bedrooms and two bathrooms, it offers a cozy living environment that tenants will appreciate. The mobile home features a comfortable living area, a well-equipped kitchen, and a private outdoor space, providing a charming retreat for its occupants. There is one spot of sub floor in the kitchen which will require some repairs. The roofs on all the structures are in good shape and leak free. However will need replacing soon due to age.

Situated on a sprawling half-acre lot, this property offers plenty of outdoor space for various activities or potential expansion. The well-maintained grounds provide an excellent setting for outdoor gatherings, gardening, or simply enjoying the fresh air and sunshine.

Conveniently located in a desirable neighborhood, this multi-family property at 3516 N S St. enjoys close proximity to schools, shopping centers, dining options, and recreational facilities. With its current rental income of $850 per month for both units, this property presents a remarkable investment opportunity.

Don’t miss out on the chance to own this exceptional multi-family property with a 3/1 house with recent updates and a 2/2 mobile home. Take advantage of its income-generating potential and the attractive rental history. Contact us today to schedule a private showing and secure your investment in this promising real estate gem.

3516 N S St.
Pensacola, FL 32505
Square Feet:
1,136 & 924
Lot Size:
.50 acre
For Sale
Property Type:
Year Built:

Call 337-962-7676 for more details

Property Location

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