425 Zarragossa St, Pensacola, FL 32502

$850,000
4
BD
3
BA
3,744
SqFt
List Price
$850,000
MLS#
554667
Type
Single Family Residential
Design
2 STORY
Year Built
1916
City
Pensacola
Bedrooms
4
Bathrooms
3
Half-baths
1
Living Area
3,744
Acres
0.12
Status
ACTIVE

Property Description

This is an Amazing opportunity to own an INCOME producing property ~~ in the Heart of Downtown/Seville Historic District of Pensacola. Attention Buyers!! This is TRIPLEX Zoned Commercial and Residential. This Gorgeous home, made of cedar and cypress wood is well-kept. Built in the 1916, completely restored in 1965, by the Veazie family. *The firth floor has been a gift shop rented for over 35 years to the same person and is approximately 1,400 sq ft with 11 ft high ceiling. Home is offgrade and easy to convert into a residential if needed. *The second floor is also rented apartment approximately 1000 sq. ft. features 2 bedroom 1 full bath, beautiful hardwood flooring, high ceiling with fans, laundry, all stainless steel appliances and a gorgeous open back porch. *The back 2 story unit is approximately 1460 sq. ft. apartment. On the bottom floor it features a beautiful hardwood flooring, large Livingroom with wood burning fireplace which has been completely rebuilt 2018, laundry, half bath, formal dining room, a breakfast nook, and all stainless steel appliances. Upstairs you will find 2 large size bedrooms and a full bathroom. This property has off-street parking. Both tenants have expressed interest in continuing their leases, should a new owner wish to use the property for investment purposes. This home is perfect for you with walking distance to all the amazing activities happening in the Historic Downtown Pensacola. Act fast as this surely won't be on the market long!

Additional Information

Style
CRAFTSMAN, CREOLE
High School
Pensacola
Lot Description
HISTORIC DISTRICT
Interior Features
CEILING FANS, FIREPLACE, LAUNDRY INSIDE
Kitchen Features
BUILT-IN MICROWAVE, GAS STOVE/OVEN, REFRIGERATOR
Floors
HARDWOOD, PARQUET, TILE, VINYL
Cooling
2+ UNITS, CENTRAL ELECTRIC
Heating
2+ UNITS, CENTRAL ELECTRIC
Exterior Features
BALCONY, COVERED DECK
Exterior
WOOD
Roof
GABLE, METAL
Pool Description
NONE
Parking
SIDE ENTRANCE, STREET ONLY

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Listing courtesy of COASTAL REALTY EXPERTS.