Active
1629 E Lakeview Ave
Pensacola FL, 32503
$744,000
$268.40 per sqft
Active
2,772 sqft
Other
Built in 1947
Welcome to the epitome of opportunity in East Hill! Discover a rare gem in this vibrant neighborhood, featuring three distinct properties on a single expansive lot, offering unparalleled potential for savvy investors or those seeking multifamily living options. Situated in the desirable East Hill neighborhood, this property is surrounded by parks, shopping, and dining options, enhancing its appeal to potential tenants and short-term guests alike. Main House: The centerpiece of this property is a charming main house with two bedrooms and two baths, with the possibility to expand by converting the existing sunroom into a third bedroom. Duplex Units: Adjacent to the main house, you'll find a fully-furnished duplex, each unit boasting a generously sized bedroom and bathroom. These units have a proven track record as successful short-term Airbnb rentals, providing immediate and lucrative income potential. Investment Highlights - Turnkey Income: All three units are currently leased and ready to generate rental income from day one. Proven Success: These units have a history of high occupancy, and the duplex units have operated as successful short-term Airbnbs with positive reviews in the past. Expansion Potential: The main house offers the opportunity to increase its value by adding an extra bedroom. Multi-Property Package: Diversify your portfolio with three separate rental opportunities on one lot. High Demand Area: East Hill's vibrant community and amenities make it a sought-after location for both long-term tenants and short-term visitors. NEW roofs installed July 2024. Online estimates do not accurately reflect the duplex on the property. Don't miss out on this exceptional opportunity to own a piece of East Hill's charm and maximize your investment potential!
644420
MLSⓇ ID
April 25, 2024
Listed
September 3, 2024
Updated
Map
1629 E Lakeview Ave
Pensacola FL, 32503
Interior Features
Interior Features
Sun Room
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Features
Corner Lot
Roof
Shingle
School Information
High School
Pensacola
Elementary School
Oj Semmes
Other Property Details
Days on Market
123
Garage
No
View
No
County
Escambia
Pool
No
Listing History
Date | Event | Price |
---|---|---|
8/28/2024 | Price change | $744,000 -1% |
6/30/2024 | Active | — |
6/21/2024 | Under contract | — |
5/22/2024 | Price change | $749,000 -2% |
Courtesy of 1st Class Real Estate Gulf Coast, Sophie Grizzle,
Listing Contact: CELL: 850-637-8622
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Last updated 9/3/2024 7:30 PM UTC