130 E 9 Mile Rd #5, Pensacola, FL

$529,000

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About 130 E 9 Mile Rd #5

Income-producing 4-plex located in a highly desirable area off 9 Mile Road near Highway 29! Each unit features 2 bedrooms and 1 bathrooms, offering strong rental appeal and consistent cash flow from day one. All four units are currently occupied with established leases in place: Current gross monthly income is $3,345 with ONE VACANT FOR IMMEDIATE MOVE IN, providing immediate returns with built-in upside potential. With lease expirations staggered throughout 2026, an investor has the opportunity to gradually increase rents to market rates while maintaining occupancy. Unit offers added flexibility, as it is converting to a month-to-month lease creating a prime opportunity for an owner-occupant to move in using a VA loan or for an investor to quickly adjust rents to market value. This property is ideally positioned less than one mile from the new Costco currently under construction which will bring significant growth, increased traffic, and long-term appreciation potential to the area. Conveniently located near shopping, dining, schools, and major commuting routes. Perfect opportunity for investors looking to expand their portfolio or for owner-occupants seeking to “house hack” and offset their mortgage with rental income. Don’t miss your chance to own a performing asset in one of Pensacola’s fastest-growing corridors! Roof age 2021 Verify other 4point ages during inspections. PLEASE DO NOT DISTURB TENANTS Buyer to verify all measurements and listing description

Features of 130 E 9 Mile Rd #5

MLS® # 686976
Price $529,000
Year Built 1984
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 130 E 9 Mile Rd #5
Subdivision None
City Pensacola
County Escambia - Fl
State FL
Zip Code 32534

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Central
Cooling Ceiling Fan(s)
Fireplace No
Has Basement No

Exterior

Lot Description Interior Lot
Roof Shingle

School Information

Elementary Mcarthur
Middle FERRY PASS
High Tate

Additional Information

Foreclosure No
Short Sale No

Listing Map

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