About 701 N Old Corry Field Rd
This Multi Family complex is set for over a 12% CAP and is a mix of block built homes, duplexes and mobile homes with a proven track record for bringing an investor a strong return. With 16 Units altogether - 3 Are in need of rehabilitation and 14 units are leased with transferrable deposits. Gross rents for current leases is $9,000/Month and $5,845/month Net after all maintenance, tax, trash, repairs budget and utility expenses. With 3 units that could be brought back to rented status, there is potential for more income. Owner pays water, trash, grounds maintenance, and makes all repairs. 10 Septic systems (some units share a tank) are all operational and have been personally maintained. 3 of the mobile homes do not have transferable title, and must be transferred with hold harmless. CASH ONLY - No Financing other than private loans. Ask your agent for the detail sheet provided in our documents or call today for more info!
Features of 701 N Old Corry Field Rd
| MLS® # | 655588 |
|---|---|
| Price | $565,000 |
| Sold Price | $475,000 |
| Sold Date | March 31st, 2025 |
| Year Built | 1957 |
| Type | Residential Income |
| Sub-Type | Other |
| Status | Sold |
Community Information
| Address | 701 N Old Corry Field Rd |
|---|---|
| Subdivision | Murray Hill |
| City | Pensacola |
| County | Escambia - Fl |
| State | FL |
| Zip Code | 32506 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Central, Wall/Window Unit(s) |
|---|---|
| Cooling | Central Air, Wall/Window Unit(s) |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
| Has Basement | No |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Composition, Metal |
School Information
| Elementary | West Pensacola |
|---|---|
| Middle | WARRINGTON |
| High | Pensacola |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
Listing Details
| Office | KELLER WILLIAMS REALTY GULF COAST |
|---|