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2371 Le Ruth Dr, Pensacola, FL 32514

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For Sale

$585,000

6 beds • 4 baths • 1,822 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $321.08
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Amazing real estate investment opportunity! This Triplex includes a 3 bedroom 2 bathroom, 2 bedroom/1 bathroom and Efficiency unit. All units come with new washer/dryer sets. This triplex is set up with tankless hot water heater. The amenities like separate entrances with outdoor spaces, new HVAC systems, marble countertops, farm sinks, luxury vinyl plank and hardwood floors add value and appeal to potential tenants. Being near Ferry Pass Bayou adds to its charm and potentially attracts renters seeking a unique location just off Nine Mile Road. Past rental income suggests units could make as much as $4300-$4700 monthly income. All units have Full Bathrooms with some upgrades. The potential to add another building with more units could significantly increase your rental income and overall return on investment. Just think what you could do with this property as a short term investment so close to West Florida Hospital and University of West Florida. Parents coming to town and students who may need housing equal great potential as well the market for short term locations have become a great money maker. And think about all the professionals in the area who may need a home away from home as they travel. All units are currently vacant so if you want to add this great offering to your investment portfolio before the units are rented out - Come quickly. If you want another option or a second investment take a look at MLS 639219 - 2370 Hencye Dr. adjacent property next door which is also for sale!
MLS# 639218

Courtesy Of EXP REALTY LLC

(888) 883-8509

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Dryer, Microwave, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s), Window Unit(s) A/C
  • Floor Covering
    Vinyl, Wood
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom, Full Bath

Map and Directions

Directions to 2371 Le Ruth Dr, Pensacola, FL 32514

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
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Monthly Payment Breakdown

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Copyright © 2024 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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