2437 Kelso Rd #a & B, Pensacola, FL

$240,000

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2

Beds

2

Baths

600

Square feet

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
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
Subdivision None
City Pensacola
County Escambia
State FL
Zip Code 32514

Amenities

Parking Driveway
Is Waterfront No
Waterfront None
Has Pool Yes
Pool None

Interior

Appliances Electric Water Heater, Refrigerator
Heating Central
Cooling Ceiling Fan(s), Central Air
Fireplace No
# of Stories 1
Stories One
Has Basement No

Exterior

Lot Description Interior Lot
Windows Blinds
Roof Shingle
Foundation Slab

School Information

Elementary Mcarthur
Middle Ferry Pass
High Tate

Additional Information

Zoning Commercial
Foreclosure No
Short Sale No

Listing Details

OfficeMARK DOWNEY & ASSOCIATES, INC.

Listing Map

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