Bought with Caitlin Hare • Spence Properties
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5858 Garcon Blvd Pensacola, FL 32507
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Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,980 sqft
Price per Sqft $176
MLS Listing ID 643386
Sold Date 10/10/24
HOA Y/N No
Year Built 2003
Lot Dimensions 50 X 115
Property Sub-Type Duplex
Source Pensacola MLS
Property Description
Duplex, Two 2 bedroom 2 Bath units Excellent first time homebuyer or Income Producing Property. Rental potential (1,250.-1,400.00 per month per Unit) income for each property. This is currently rented for 1000.00 per side. This appears to be below market value and leases on Unit A will expire September 2024 Unit B is on Month to Month. These units are just down the street from the beaches and close to all the amenities in the West end of town. There is a real potential for substantial appreciation in this location. Don't miss out on this exceptional value for a first time homebuyer or your next investment. These units are surveyed separately, but sold together, as they are two separate deeded properties. Seller will finance to qualified buyers with a minimum of 20% down and 8.5% 30 year amortization with a 5 year balloon. Owner-financing is the preferred method of financing for the seller.
Location
State FL
County Escambia
Zoning Res Multi
Rooms
Other Rooms Workshop/Storage
Kitchen Pantry
Interior
Interior Features Ceiling Fan(s), High Speed Internet, Walk-In Closet(s)
Heating Multi Units, Central
Cooling Ceiling Fan(s), Multi Units, Central Air
Flooring Vinyl, Carpet
Appliance Water Heater, Electric Water Heater, Dishwasher, Refrigerator
Exterior
Parking Features 2 Space/Unit, Driveway
Fence Back Yard, Partial
Pool None
Utilities Available Underground Utilities
Waterfront Description None
View Y/N No
Roof Type Shingle
Garage No
Building
Lot Description Central Access
Faces Go to Gulf Beach Hwy to (Sorrento) west to Innerarity and then 5858 Garcon Blvd Unit A will be down on your left.
Story 1
Water Public
Structure Type Frame
New Construction No
Others
Tax ID 2 Parcels in Legal Desc.
Security Features Smoke Detector(s)
Special Listing Condition As Is
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