1119 & 1121 Lakeview Ave, Pensacola, FL 32503

$725,000

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List Price
$725,000
Price Change
▼ $25,000 1777687037
MLS#
681066
Type
Multifamily
Year Built
1964
City
Pensacola
Subdivision
New City Tract
Days on Market
102
Status
ACTIVE

Property Description

PRIME BRICK DUPLEX ON CORNER LOT IN CENTRAL PART OF HIGHLY SOUGHT AFTER EAST HILL. Walkable tree lined quaint streets, friendly , well known neighborhood where people want to live. Invest and Profit--- Terrific and perfect Investment opportunity-live in one side and rent the other to boost your cash flow. Past revenue figures for furnished short term rental grossed an impressive $85,094.33 (2024 Air B & B) Both units updated and in TOP MOVE-IN CONDITION. Each unit is approximately 1703 sq ft with total of 3406 for the building. Both units are 3BR/2.5 BA. Last 4 yrs: new HVAC, Roof, Water heater, kitchen appliances, countertops, flooring. some plumbing fixtures, paint, irrigation system. Each unit has a well appointed kitchen with lots of light pouring in, laundry room and outside storage room/workshop. 2 covered parking spots plus extra open parking area. This prime property located on Lakeview, one of Pensacola's most beautiful streets, EZ walk or bike to Bayview Park with water access, Restaurants like East Hill Wine Bar, The Burrow, Ozone Pizza, Alga Beer, LaMonte Gelato, A Mano Panino, Publix, Wild Lemon Pilates, J's Bakery, A Curious Wine Shop, Cactus Flower, and so many more. Galleries, coffee shops, live music galore. Popular bars where friends gather, hair salons, family friendly parks, schools, churches and the ever popular and upscale downtown Palafox entertainment scene. St Christopher's weekly summer concerts right down the street. White sand beaches are 15 minutes away. Min Walk to schools, restaurants, entertainment spots, bakeries, hair salons, parks, churches, etc. . East Hill is an historic area boasting pride of Pensacola's great story--a beloved neighborhood. This is a sensible buy for being your own landlord in your own home with built in short term or long term income potential.

Additional Information

High School
Pensacola
Lot Description
Corner Lot
Interior Features
Baseboards, Ceiling Fan(s), Recessed Lighting
Cooling
Gas
Heating
Natural Gas
Exterior Features
Sprinkler, Rain Gutters
Roof
Shingle
Pool Description
None
Parking
2 Car Carport, Driveway, Rear Entrance

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Calculator source: Real Geeks

Listing courtesy of Connell & Company Realty Inc..