INVESTOR ALERT! This is a perfect property for someone who is trying to build a decent real estate portfolio or add to your current PORTFOLIO. Real estate has always been a great hedge against inflation(not financial advice) that can bring in POSITIVE CASH FLOW if done right. This special property is Zoned C-1. Two story main house currently used as a rental property. Per seller, there are seven rooms rented at a rate of $600.00 per month. Also included with this sale are two additional apartments that are also used as rental units. One of the apartments rents for $800.00 per month, and the other three bedroom, two bath apartment rents for $1,200 per month. There is also a workshop/storage which includes a bath and has been rented in the past. Seller owns a parcel of property behind this property which includes another apartment that is also included with the sale. Total monthly rental income is over $6,000 per month. There are no leases so the tenants can remain or move with notice. The seller manages the rentals so there is no management company involved. The seller pays approximately $600.00 to $700.00 per month for utilities. Seller recently installed a new 1100 gallon septic tank and replaced the roofs on the main house and apartments. The seller owns three parcels of property, one behind this property and one on the left of this property. Call today to make your appointments. This cash cow won`t last long!
- Price:
- $425,000
- Bedrooms:
- 7
- Full Baths:
- 3
- Half Baths:
- 1
- Square Footage:
- 3,120
- Acreage:
- 1.00
- Year Built:
- 1931
- Listing ID #:
- 605974
- Street Address:
- 4400 Lillian Hwy
- City:
- Pensacola
- State:
- Florida
- Postal Code:
- 32506
- County:
- Escambia
- Subdivision:
- None
- Listing Status:
- Active
- Listing Type:
- Single Family Residence
K-5
600 students
14 student/teacher
6-8
1050 students
15 student/teacher
9-12
1800 students
16 student/teacher
- Architecture Style:
- Traditional
- Building Condition:
- Resale
- Building Security:
- Smoke Detector(s)
- Construction Type:
- Brick
- Fireplace:
- Yes
- Flooring:
- Hardwood, Carpet
- Foundation:
- Off Grade
- Green Features:
- Insulation, Insulated Floors, Insulated Walls
- Interior Features:
- Storage, Ceiling Fan(s), High Speed Internet, Bonus Room, Sun Room
- Other Buildings:
- Guest House, Workshop/Storage, Yard Building
- Stories:
- 2
- Stories:
- Two
- Total Building Square Footage:
- 3120
- Type Of Roof:
- Shingle
- Windows:
- Double Pane Windows, Some Blinds, Some Drapes
- Year Built:
- 1931
- Lot Features:
- Central Access
- Lot Size:
- 1
- Lot Size Units:
- Acres
- Lot Square Footage:
- 43560
- Zoning Description:
- Commercial
- Days On Market:
- 133
- Originating Mls:
- Pensacola Mls
- Association Fee Payment Frequency:
- Annually
- Kitchen Room Length:
- 12 Ft
- Kitchen Room Width:
- 10 Ft
- Carport Present:
- Yes
- Covered Parking Spaces:
- 2
- Fence:
- Chain Link, Other, Partial, Privacy
- Number Of Carport Spaces:
- 2
- Parking Description:
- 2 Car Carport, Driveway, Guest
- Parking Spaces:
- 2
- Patio Description:
- Covered, Deck, Porch, Covered Porch
- Appliances:
- Electric Water Heater, Oven/Cooktop, Refrigerator
- Cooling System:
- Central Air, Ceiling Fan(s)
- Electricity:
- Circuit Breakers
- Existing Water:
- Public
- Has Central Air Conditioning:
- Yes
- Heating:
- Central, Fireplace(s)
- Laundry:
- Inside, W/D Hookups
- Sewage Type:
- Septic Tank
- Waterfront Description:
- No Water Features
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Ace Khan 850-471-5000 with KELLER WILLIAMS REALTY GULF COAST
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