C/908 North 69th Avenue

Myrtle Grove FL 32506

6000 sq. ft.

Apartment

Currently for sale - view listing

Overview

Price improvement for Incredible opportunity to own a rare 8-unit multifamily property in Pensacola. This property is currently bringing in $4,195 per month with room for higher returns. This unique 8-unit property consists of: ? Two duplexes, each featuring two 1-bedroom/1-bathroom units ? One duplex with two 2-bedroom/1-bathroom units ? One two-unit house with flexible layouts: one side can function as a 2-bedroom/1-bath or a 3-bedroom/1-bath, and the other side is a 1-bedroom/1-bath unit Currently, 6 units are occupied: With the house needing renovations this offers an exciting opportunity for a new owner to add their finishing touches and maximize value. Several of the duplex units could benefit from additional repairs and cosmetic improvements, offering strong value-add potential. Property is being sold as-is, making it a great option for investors looking to unlock its full potential through renovations and rent increases. Whether you?re looking to increase rents, update units, or complete the renovation for a higher resale value, this property offers excellent potential to add value.