481 N Fairfied Dr Active

Pensacola,FL 32506

$ 625000

- Bed

6 Baths

3840 SqFt


Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $162

MLS Listing ID 643645

Full Baths 6

HOA Y/N No

Originating Board Pensacola MLS

Year Built 1983

Property Description

PRICE REDUCED!! INVESTOR SPECIAL!! TWO TRIPLEXES - SIX 1BR/1BA UNITS!! This sale includes property addresses 481 & 485 N. Fairfield Dr (two parcels with one triplex on each parcel) formerly 597 N. Fairfield Dr. NEW ROOF 2020 on both triplexes. ALL UNITS CURRENTLY RENTED!!! TRIPLEX at 481 N. Fairfield Dr has units A, B & C: UNIT A was renovated 2023, HVAC - 2019, CURRENTLY RENTED for $1000; UNIT B is not renovated and is CURRENTLY RENTED for $700; UNIT C renovation was completed April 2024, and includes NEW Appliances and Water Heater, HVAC - 2019, and is CURRENTLY RENTED for $1100 as of May 1, 2024. TRIPLEX at 485 N. Fairfield Dr. has units D, E & F: UNIT D is not renovated and is CURRENTLY RENTED for $549 by long term tenant; UNIT E renovation was completed April 2024, and includes NEW Appliances and Water Heater, HVAC - 2019, and is CURRENTLY RENTED for $1100; UNIT F renovation was completed April 2024, and includes NEW Appliances and Water Heater, HVAC - 2019, and is CURRENTLY RENTED for $1100 Both Triplexes share a Water Meter and Lift Station-NEW in 2020. Owner pays for Water/Sewer, Garbage/dumpster and lawn maintenance. The pictures are of a renovated unit, the other renovated units are finished similarly. DON'T WAIT! SEE THIS OPPORTUNITY TODAY!

Location

State FL

County Escambia

Interior

Heating Central

Cooling Central Air

Appliance Electric Water Heater,Built In Microwave,Refrigerator

Exterior

Garage 1 Space/Unit

Fence Back Yard

Pool None

Waterfront No

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Central Access

Faces From I-110, go West on Fairfield Ave. Just past the intersection with West Jackson St, the triplexes will be on the right (there is no for sale sign). NOTE: The property address was recently changed from 597 N. Fairfield Dr., Pensacola to two separate addresses 481 and 485 N. Fairfield Dr. YOUR NAVIGATION MAY NOT BE UPDATED SO USE 597 N. FAIRFIELD DR. TO GET TO THE PROPERTY.

Story 1

Water Public

Structure Type Frame

New Construction No

Others

Tax ID 192S311102018001

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