$495,000 - 3920 N 10th Ave, Pensacola

TWO DUPLEXES ON ONE PARCEL. Annual income of $49,800 OF RENTAL INCOME each year with these two Duplexes that are on one property with a high potential to bring that to $52,800 a year. All brick. 2/1 (per unit) with potential for an increase in rental income with a little cosmetic work. Unit in pictures is currently vacant. All units look similar. This place is centrally located in the heart of Pensacola close to the mall, airport, Publix and the hospitals. This area is in north East Hill which is a high demand area to live in. This would be a great investment property for anyone. You can even take advantage of Fannie Mae's new program where they only require 5% down if you live in one of the units. There is a Carport and Laundry room for each apartment. ROOF was replaced in November of 2014. There is a new electrical panel for each unit that was replaced in 2020. Age of Water heaters for units are as follows. Water Heater 2022+/- Apt B 2009 Apt A 2018 Apt C, D