1303 N W St, Pensacola, FL

$499,000

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About 1303 N W St

Investment opportunity in Pensacola! This versatile triplex offers three separate units and approximately 2,240 square feet of total living space, providing an excellent opportunity for investors looking to expand their rental portfolio. The main two-story building features two spacious 2-bedroom, 1-bath units, each with its own living area and kitchen, while the separate rear unit provides additional rental income with its own kitchen, bedroom and bath. Each unit is separately metered and offers washer and dryer hookups, allowing tenants to pay their own utilities. Adding to the property's investment potential, plans have already been completed for an additional unit, offering an opportunity for future expansion and increased rental income, subject to applicable permitting and approvals. The property is fully fenced and includes additional outdoor space that can accommodate parking, storage or recreational use. Zoned HC/LI, the property offers flexibility for a variety of potential residential and commercial uses, subject to applicable zoning requirements. Conveniently located near downtown Pensacola with easy access to major roadways, shopping, dining and area employers. Whether you're looking for an income-producing property today or an investment with additional growth potential, 1303 N W Street offers a unique opportunity.

Features of 1303 N W St

MLS® # 689006
Price $499,000
Year Built 1960
Type Residential Income
Sub-Type Triplex
Status Active

Community Information

Address 1303 N W St
Subdivision Welles Brownsville
City Pensacola
County Escambia - Fl
State FL
Zip Code 32505

Amenities

Parking Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Central
Cooling Central Air
Fireplace No
# of Stories 2
Stories Two
Has Basement No

Exterior

Lot Description Central Access
Roof Shingle

School Information

Elementary Oakcrest
Middle WARRINGTON
High Pensacola

Additional Information

Foreclosure No
Short Sale No

Listing Map

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