Listed by Ranae Stewart

1335 Foxborough Dr, Ferry Pass, FL, 32514

Amount undisclosed

4
1056 sq. ft.

MultiFam

Sold: Aug 28, 2023

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About this property

INVESTOR ALERT! Income producing quadplex located in the desirable neighborhood of Fox Run off 9 Mile Rd. in Pensacola, FL. Units in this subdivision have sold for $175-180k per unit in 2023! This property is centrally located near The University of West Florida, Navy Federal Headquarters, and walking distance to Scenic Hills Country Club and Golf Course. This property is a perfect way to start or add to your rental portfolio as 3 units in this quadplex are currently occupied and will have cash flow immediately. This leaves 1 move in the ready unit available should you choose to HOUSE HACK! Live in one unit while tenants create revenue to pay your mortgage. The average rent of the 3 leased properties is over $1, 000.00/month per unit with potential for increases to reach market value rent closer to $1400/month. Each townhouse is two stories with 2 bedrooms and 1.5 bathrooms. The units are approximately 1, 050 square feet and have a great floor plan featuring an open living room with a half bath downstairs. Fully equipped kitchen furnished with a stove, oven, dishwasher, and refrigerator. Sliding glass doors in the living room leads to your private fenced in courtyard. There are 2 large bedrooms upstairs with a Jack and Jill style bathroom. Washer and dryer hookups in the home. Each unit has its own driveway to accommodate residents. New roof put on in 2019. These properties are well maintained and have been professionally managed. Don't miss out on this exceptional opportunity to own a quadplex in Pensacola, FL. The combination of its prime location, well-designed units, and income potential make it an enticing prospect for both seasoned investors and those seeking to enter the real estate market. Act now and secure your future in the thriving Pensacola real estate scene!

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