Homes for sale - 509 N L St, Pensacola, FL 32505

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Gordon Dey

hello@gordondeysrealestate.com +1(850) 748-0575

Listed by Allison Brandt • Levin Rinke Realty

$ 474,900

Est. payment | -/mo

4 Baths

4,121 SqFt

Save

$ 474,900

Est. payment | -/mo

Save

4 Baths

4,121 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,121 sqft

Price per Sqft $115

Subdivision West King Tract

MLS Listing ID 655782

Full Baths 4

HOA Y/N No

Originating Board Pensacola MLS

Year Built 1996

Lot Dimensions 91.5' x 150'

Property Description

Incredible Investment Opportunity in a Prime Location! This well-maintained, brick and vinyl triplex offers an excellent chance to own a multi-family, income-producing property in a fantastic location, just minutes from the Navy Base, hospitals, shopping, and Downtown Pensacola. Featuring two spacious 3-bedroom/2-bath units (approximately 1,450 sq. ft. each) and one 2-bedroom/2-bath unit (approximately 1,225 sq. ft.), each unit is equipped with front and back entrances, inside utility rooms with wash tubs, and ample pantry space, providing added functionality and comfort. The expansive, fenced backyard offers privacy and room for future expansion, including an outbuilding on the lot with water and power connections, making it a potential 4th rental unit or a bonus storage area. Each unit boasts large master bedrooms, vinyl, tile, and carpet flooring, and included kitchen appliances. Unit A is currently rented month-to-month, while Unit B is occupied by the owner. Unit C, currently used as a furnished Airbnb, adds immediate short-term rental income potential. This property features numerous recent updates, including a brand-new roof installed in 2023. Additional amenities include washer/dryers in Units A and C, separate electric meters, and a large parking area for 6 cars! With plenty of opportunities to further improve and maximize rental income, this triplex is a fantastic investment. The large lot size and low-maintenance exterior make this property stand out. Many items in the yard and outbuildings convey with the sale, offering even more value. Don’t miss this chance to own a ready-to-rent property with significant income potential and room to grow! Call today to schedule your showing.

Location

State FL

County Escambia

Zoning Res Multi

Rooms

Other Rooms Workshop/Storage, Yard Building

Kitchen Kitchen Island, Pantry

Interior

Interior Features Storage, Baseboards, Ceiling Fan(s), High Speed Internet, Track Lighting, Walk-In Closet(s)

Heating Central

Cooling Ceiling Fan(s), Multi Units, Central Air

Flooring Tile, Vinyl, Carpet

Appliance Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Self Cleaning Oven

Exterior

Parking Features Driveway, Front Entrance, Guest

Fence Partial, Privacy

Pool None

Utilities Available Cable Available

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Central Access

Faces From West Cervantes St, turn South onto N. L Street. Home is on the right.

Story 1

Water Public

Structure Type Brick,Frame

New Construction No

Others

Tax ID 000S009060012118

Security Features Smoke Detector(s)

Special Listing Condition As Is

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(850) 748-0575

hello@gordondeysrealestate.com

731 Pensacola Beach Blvd, Pensacola Beach, Florida, 32561, USA

509 N L St Pensacola, FL 32505