About 2437 Kelso Rd #a & B
PRICED WELL BELOW MARKET VALUE with a cap rate of around 12!! Industry Standard is around 6-7 meaning this produces almost double of. an investment typical to it! *** Rent Potential: $26,400 annual income or better or around $100k annual for all 8 units!! * BRAND NEW ROOF, new wiring, new water heater, new Air Con ditioner/Heater *** One side of the duplex has been completely updated: all new paint, flooring, cabinets and countertops, appliances, and more! * The other side is also in great condition * Either live in one side to start your investment portfolio while producing income, or continue to lease both sides for maximum cash flow! * Both units are leased for approx $1050-1100/each (please confirm at time of contract) * Situated just south of 9 Mile Rd & Davis Hwy, the duplex is right outside the UWF campus, and close to all of the amenities of 9 Mile Rd, including the Navy Federal campus~ you cannot find a better location with potential for substantial appreciation, in addition to the cash flow ***** Please verify all features, dimensions, measurements (including sq ft of each unit), etc that may be important to you ** Seller is Broker of Record, and is a licensed Real Estate Broker in FL and AL
Features of 2437 Kelso Rd #a & B
MLS® # | 635399 |
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Price | $230,000 |
Sold Price | $240,000 |
Sold Date | October 7th, 2024 |
Bedrooms | 2 |
Bathrooms | 2.00 |
Full Baths | 2 |
Square Footage | 600 |
Acres | 0.00 |
Year Built | 1982 |
Type | Residential Income |
Sub-Type | Duplex |
Status | Sold |
Community Information
Address | 2437 Kelso Rd #a & B |
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Subdivision | None |
City | Pensacola |
County | Escambia |
State | FL |
Zip Code | 32514 |
Amenities
Parking | Driveway |
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Is Waterfront | No |
Waterfront | None |
Has Pool | Yes |
Pool | None |
Interior
Appliances | Electric Water Heater, Refrigerator |
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Heating | Central |
Cooling | Ceiling Fan(s), Central Air |
Fireplace | No |
# of Stories | 1 |
Stories | One |
Has Basement | No |
Exterior
Lot Description | Interior Lot |
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Windows | Blinds |
Roof | Shingle |
Foundation | Slab |
School Information
Elementary | Mcarthur |
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Middle | Ferry Pass |
High | Tate |
Additional Information
Zoning | Commercial |
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Foreclosure | No |
Short Sale | No |
Listing Details
Office | MARK DOWNEY & ASSOCIATES, INC. |
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