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668 72nd Ave A, B, C, D, Pensacola, FL 32506

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For Sale

$490,000

4 baths

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 41-50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

Quadplex unit with income in the range of approx $50,000 annually w/ potential for more - which equals a cap rate of approx 10%!!! * Most units have been updated with some having major updates or modifications to make them more desirable and modern, not to mention many new features such as: Roof, A/C & Heat, and more! * Redacted Leases will be provided upon request * All units are currently under strict, lawyer-executed leases with each tenant paying a "utility fee" monthly that adds to the profitability of the overall complex * Please see a copy of the map that shows what is being sold ** (NOTE: please verify all features, dimensions, numbers, etc...also note that the Owner owns 2 other 4-plexes adjacent to this - that all share the same parking lot. Meaning, you could own a total of 12 units. There is also a vacant lot adjacent to this quad that could be purchased for $75k. Buyer could build up to 28 units on this lot!).
MLS# 672374

Courtesy Of MARK DOWNEY & ASSOCIATES, INC.

(850) 456-6616

Property Features

  • Age
    41-50 Years Old
  • Architecture Style
    Other
  • Fireplace
    Fireplace

Home seller CENTURY 21 AmeriSouth Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 AmeriSouth Realty

(850) 478-6800
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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