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2435 Kelso Rd A & B, Pensacola, FL 32514

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For Sale

$225,000

2 beds • 2 baths • 650 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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

  • $346.15
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

** Incredible INCOME PRODUCING PROPERTY! *** Rent Potential: $26,400 annual income (and maybe higher) for these 2 units * BRAND NEW ROOF, Many updates to the units including water heaters, one has a new A/C unit, and many other updates ** Both units are currently rented and will cash flow immediately with a Cap Rate of close to 12 (7 is industry standard for a well kept unit)! ** Situated NEXT TO UWF and a mile or so from West Florida Hospital and more, you cannot find a better location with potential for substantial appreciation, in addition to the cash flow ~ Market rent for this property is approx $1,100 a month per side (please confirm the actual rent at the moment - may be lower due to owner slowly graduating the tenants rents higher as many updates were done AFTER the current owner purchased and thus has been slowly increasing rent so as to not chase the current tenants) **** Please verify all features, dimensions, measurements (sq ft of each unit), etc that may be important to you ***** Seller is the Broker of Record and is a licensed Real Estate Broker in FL and AL **
MLS# 635364

Courtesy Of MARK DOWNEY & ASSOCIATES, INC.

(850) 456-6616

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other

Map and Directions

Directions to 2435 Kelso Rd A & B, 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
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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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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