About 668 72nd Ave #a, B, C, D
Quadplex unit with income in the range of approx $50,000 annually w/ potential for more - which equals a cap rate of approx 10%!!! * Most units have been updated with some having major updates or modifications to make them more desirable and modern, not to mention many new features such as: Roof, A/C & Heat, and more! * Redacted Leases will be provided upon request * All units are currently under strict, lawyer-executed leases with each tenant paying a "utility fee" monthly that adds to the profitability of the overall complex * Please see a copy of the map that shows what is being sold ** (NOTE: please verify all features, dimensions, numbers, etc...also note that the Owner owns 2 other 4-plexes adjacent to this - that all share the same parking lot. Meaning, you could own a total of 12 units. There is also a vacant lot adjacent to this quad that could be purchased for $75k. Buyer could build up to 28 units on this lot!).
Features of 668 72nd Ave #a, B, C, D
| MLS® # | 672374 |
|---|---|
| Price | $490,000 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Acres | 0.00 |
| Year Built | 1982 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 668 72nd Ave #a, B, C, D |
|---|---|
| Subdivision | None |
| City | Pensacola |
| County | Escambia - Fl |
| State | FL |
| Zip Code | 32506 |
Amenities
| Parking | 2 Space/Unit |
|---|---|
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | Yes |
| Pool | None |
Interior
| Appliances | Electric Water Heater, Dishwasher, Refrigerator |
|---|---|
| Heating | Central, Fireplace(s) |
| Cooling | Central Air |
| Fireplace | Yes |
| # of Stories | 1 |
| Stories | One |
| Has Basement | No |
Exterior
| Lot Description | Interior Lot |
|---|---|
| Roof | Shingle |
| Foundation | Slab |
School Information
| Elementary | Navy Point |
|---|---|
| Middle | WARRINGTON |
| High | Escambia |
Additional Information
| Zoning | County,Res Multi |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | MARK DOWNEY & ASSOCIATES, INC. |
|---|