Discover the potential of 5029 Mobile Hwy, a promising investment opportunity in Pensacola, FL. This 3-bedroom, 1-bathroom home, covering 1,064 sqft, is an ideal choice for those looking to enter the rental market. Positioned on a substantial .40 acre lot, the property requires only minor updates, making it a smart, low-effort investment with significant upside.
Key Features:
- Well-Maintained Interior: 3 cozy bedrooms and a recently remodeled bathroom, offering modern comforts and appeal.
- Roof Condition: A sturdy roof in good condition, despite being 13 years old, ensures long-term durability.
- Electrical & Plumbing: Reliable copper wiring and PVC plumbing provide a sound infrastructure.
- Minor Updates Needed: Only requires minimal updates, perfect for quick preparation for the rental market.
- Large Lot: Situated on a spacious .40 acre lot, offering ample outdoor space for tenants to enjoy.
- Investment Potential: An excellent addition to any rental portfolio, with the promise of steady income and appreciation in value.
Location: Located in Pensacola, FL, the property enjoys proximity to local amenities, schools, and entertainment options, enhancing its appeal to potential renters.
Ideal For:
- Investors: Those looking to expand their rental property portfolio.
- First-Time Landlords: An accessible entry point into real estate investment.
- Flip and Rent: Investors interested in making minor enhancements for rental profitability.
Price: $87,900
Contact: Colby Nelams 337-962-7676
With its blend of current updates, minimal investment needs, and a large lot in a desirable area, 5029 Mobile Hwy is a perfect opportunity to secure a valuable asset in the Pensacola real estate market. Contact us today to learn more and take the first step towards a rewarding investment!