2371 Le Ruth Dr Active Save Request In-Person Tour Request Virtual Tour
Pensacola,FL 32514
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,114 sqft
Price per Sqft $253
MLS Listing ID 639218
Bedrooms 6
Full Baths 4
HOA Y/N No
Originating Board Pensacola MLS
Year Built 1960
Property Description
HUGE PRICE REDUCTION!!! Amazing real estate investment opportunity! This Triplex includes a 3 bedroom 2 bathroom, 2 bedroom/1 bathroom and Efficiency unit. All units come with new washer/dryer sets. This triplex is set up with tankless hot water heater. The amenities like separate entrances with outdoor spaces, new HVAC systems, marble countertops, farm sinks, luxury vinyl plank and hardwood floors add value and appeal to potential tenants. Being near Ferry Pass Bayou adds to its charm and potentially attracts renters seeking a unique location just off Nine Mile Road. All units have Full Bathrooms with some upgrades. The potential to add another building with more units could significantly increase your rental income and overall return on investment. Just think what you could do with this property as a short term investment so close to West Florida Hospital and University of West Florida. Parents coming to town and students who may need housing equal great potential as well the market for short term locations have become a great money maker. And think about all the professionals in the area who may need a home away from home as they travel. All units are currently renting off and on, so if you want to add this great investment to your portfolio before the units are rented out - Come quickly. If you want another option or a second investment take a look at MLS 639219 - 2370 Hencye Dr. adjacent property next door which is also for sale!
Location
State FL
County Escambia
Interior
Interior Features Ceiling Fan(s)
Heating Multi Units,Wall/Window Unit(s)
Cooling Ceiling Fan(s),Multi Units,Wall/Window Unit(s)
Flooring Vinyl,Simulated Wood
Appliance Tankless Gas Water Heater,Dryer,Washer,Built In Microwave,Microwave,Refrigerator
Exterior
Exterior Feature Rain Gutters
Pool None
View Y/N No
Roof Type Shingle
Building
Lot Description Interior Lot
Faces Nine Mile Road to Sandpiper Left on Le Ruth Dr.
Story 1
Structure Type Frame
New Construction No
Others
Tax ID 051S300707000000