Listing Courtesy of Kyle Mcgee Levin Rinke Realty 850-710-0862
An exceptional investment opportunity awaits with this fully renovated 12-unit apartment building in the heart of Pensacola’s Warrington area. Each unit features a spacious 1-bedroom, 1-bathroom layout with 610 sq. ft. of modern living space. Recent upgrades include brand-new flooring throughout, stylish kitchens with new cabinets and appliances, and refreshed bathrooms—offering contemporary comfort and appeal. Other upgrades include new roofs, new porch railings, and updated stairs, enhancing both the property's curb appeal and structural integrity. Located just 4.4 miles from NAS Pensacola Main Gate, 2.8 miles from historic Palafox Street and Downtown Pensacola, and only a 25-minute drive to Pensacola Beach, this property is ideally situated in a high-demand rental market. Per-unit rent is currently around $1,097, with existing leases ranging from 6 to 12 months. Residents enjoy a $75 monthly utility fee covering water, sewer, and trash, while electricity and internet are billed separately. This turnkey, income-generating property is a fantastic addition to any investor’s portfolio. Contact us today for more details!
- Interior: Ceiling Fan(s), High Speed Internet, Walk-In Closet(s)
- Full Baths: 1
- Half Baths: 0
- Cool System: Ceiling Fan(s), Central Air
- Heat System: Central
- Appliances: Microwave
- Roof: Shingle
- Exterior: Balcony
- Parking Description: Parking Lot
- Pool: None
- Pool Description: None
- Water Source: Public
- Stories: 2
- Acres: 0
- Sqft: 610
- Water Features Description: None
- Property Sub Type : Apartment
- Year Built: 1982