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5820 FLAXMAN STPensacola, FL 32506

$375,000
Multi-Family
Status: Off Market
  • Sqft:4,141
  • Lot:210' on road x 305' deep
  • MLS#: 542785
30.428152084350586-87.293632507324219
Courtesy Of RE/MAX HORIZONS REALTY

Description:

Property Highlights: Now’s your chance to break into the real estate business with plenty of rental increase potential… - see the attached market rent study indicating market rents for the duplex units are $550 per month…Long terms tenants averaging over 3 and a half years occupy this low maintenance 7-unit multi-family property includes six 1 bedroom duplex units and one single family 3 bedroom home located in a high demand area of Pensacola on a quiet family-friendly street. Perfectly placed on a large lot with lovely landscaping, laden with large shade promoting oak trees all on approximately 1.5 acres. The home is 3 bedroom and 1.5 baths with approximately 1,117 square feet and a 1 car carport. The 6 duplex rental units are 1 bedroom and 1 bath with approximately 504 square feet. This is a fantastic entry level cash flow offering totaling approximately 4,141 total rentable square feet at only $375,000 with almost 1.5 acres of land. Years built for the buildings range from 1958-1961. The property is on public sewer. Duplex units are heated and cooled with low maintenance window wall units. Additional income is generated by the 6 on site storage units. A new 125 foot well pump and sprinkler system was recently installed 2016. The duplexes and the home had new roofs installed about 2005. The duplex units have vinyl windows. Additional income can come from the 6 storage units in the rear yard. public sewer -public water-composite shingle roof- block duplexes- brick home 1.49 acres Parcel Dimensions: 210’ on road x 305’ deep x 210’ rear x 305’ deep Six -1 br 1 ba units at 504 sf each One -3 br 1 and ½ ba home at 1117 sf Unit addresses are 5808, 5810, 5812, 5814, 5816, 5818, 5820

Main Features:

Listing Status Off Market Year Built 1958
Floors 1 School District MYRTLE GROVE
School District2 WARRINGTON School District3 ESCAMBIA
County Escambia Rental Price $0
Units 7

Additional Features:

Construction Block
Brick
Construction Status RESALE
Cooling Window/Wall
Electric COPPER WIRING
Existing Lease(s) 7 TO 12 MONTHS
Heating Central Electric
Wall
Kitchen ELECTRIC STOVE
REFRIGERATOR
Lot Location CENTRAL ACCESS
Occupancy AT CLOSING
Parking 1 Car Carport
Pool None
Road Maintenance COUNTY
Roof COMPOSITE SHINGLE
Showing Instructions APPOINT ONLY
CALL AGENT
Siding BLOCK
BRICK
Style 1 STORY
Tenant Pays CABLE TV
ELECTRIC
INTERNET
TELEPHONE
Water/Sewer PUBLIC SEWER
PUBLIC WATER
Waterfront None
Zoning RES MULTI

Extra Features:

Tax ID 352S302104000003 Unit 1 Bed Apx Sq Ft 504
Unit 1 Bed Full Baths 1 Unit 1 Bed Rent 485
Unit 1 Bed Rooms 4 Unit 1 Bed Total Beds 1
Unit 1 Bed Total Units 6 Unit 3 Bed Apx Sq Ft 1117
Unit 3 Bed Full Baths 1 Unit 3 Bed Half Baths 1
Unit 3 Bed Rent 1000 Unit 3 Bed Rooms 7
Unit 3 Bed Total Beds 3 Unit 3 Bed Total Units 1

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Pensacola Association of Realtors. IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than are governed by the PAR Rules and Regulations and detailed information about them includes the name of the listing companies.
Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied.
Copyright© 2019 Pensacola Association of REALTORS®, Inc. All Rights Reserved.
Last Updated On: 3/23/2019 8:24:13 PM

5820 FLAXMAN ST, Pensacola, FL 32506

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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Pensacola Association of Realtors. IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than are governed by the PAR Rules and Regulations and detailed information about them includes the name of the listing companies.
Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied.
Copyright© 2019 Pensacola Association of REALTORS®, Inc. All Rights Reserved.
Last Updated On: 3/23/2019 8:24:13 PM

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