Listing Courtesy of Cliff Glansen Flatfee.com Inc. 954-965-3990
Investor Opportunity – Unique Multi-Unit Property on Over an Acre! Rare opportunity to acquire a versatile, income-producing property situated on just over an acre in Pensacola with multifamily zoning and multiple structures on site. The property features four separate buildings, offering strong rental income potential and flexible future use. The main residence is a 3-bedroom, 1-bath home (approx. 756 sq ft, built 1930). A charming cottage-style secondary home offers a 1-bedroom, 1-bath layout (approx. 560 sq ft, built 1930). A renovated 3-bedroom, 2-bath mobile home (built 1983) adds additional rental capacity. There is also a small commercial building on the property that has previously operated as a thrift store, providing potential for office, storage, or additional income use (buyer to verify permitted uses). All residential units are currently tenant-occupied on month-to-month leases, offering immediate cash flow with upside potential through repositioning, redevelopment, or expansion (subject to zoning and buyer due diligence). With ample land, multifamily zoning, and multiple income streams, this property is ideal for investors seeking a value-add opportunity in a growing area. Buyer to verify all measurements, zoning, and permitted uses.
- Full Baths: 0
- Half Baths: 0
- Cool System: Wall/Window Unit(s)
- Heat System: Wall/Window Unit(s)
- Roof: Composition
- Acres: 0
- Sqft: 0
- Property Sub Type : Other
- Year Built: 1930