1825 Bainbridge Ave, Pensacola

Listing Courtesy of Kathleen Batterton Levin Rinke Realty 850-816-0875

This INCOME-PRODUCING property features 3 rental units (with established tenants), offering IMMEDIATE CASH FLOW for savvy investors. Unit A (Main House) is over 1,000 sqft with 2 bedrooms and 1 full bath, currently rented at $1,000/month. The detached 2-story building includes Unit B (upstairs) and unit C (downstairs). B and C are both 1-bed 1-bath units, each rented at $750/month. Total monthly rental income equals $2,500 BUT WAIT THERES MORE... all 3 units pay monthly towards utilities: Unit A pays $300/month, while Units B & C each pay $150/month. Major UPDATES include a 2021 roof on BOTH buildings and two NEW water heaters installed in 2021. The property is on septic, with drain fields replaced in 2018. This income-generating asset is conveniently located just 10 minutes from NAS, 15 minutes to Perdido Key or Palafox St, and approx. 25 minutes to Pensacola Beach.