$279,000 - 1111 Polk Ave, Pensacola

Brick triplex with three one bedroom units. Each unit has 638 sqft with a nicely sized kitchen open to the living room and a dining area off to the side. The bedroom has a walk-in closet. Each unit has a covered back patio and a utility room with washer/dryer hookups. There is a wide paved driveway 3 cars wide and 2 - 3 cars deep. The neighborhood has seen a lot of new construction including a couple of very nice houses directly next door. The owner just paid for a roof coating which has a no leak warranty for 5 years. There is a nature reserve a short walk away at the end of the road with a long raised walk path. The Navy Point water front area and boat ramp are only a few minutes drive away. All three units are currently rented. All three units are under leases ending 01/31/26, 03/31/2026, & 05/31/26. One of the units has been freshly renovated and rents for $995/month. The other two units rent for $875 & $700. These could easily be raised to the $995/month amount but would require some cosmetic upgrades. The water, sewer, & trash is currently paid by the owner. Utilities averaged $244/month for all three units total in 2024. The owner also provides lawncare which averaged $73/month for 2024.The interior pictures are from the $995 newly painted etc unit. Please do not disturb tenants. All showings are with appointment only with at least 24 hours notice. More notice may be required to arrange the showing of all three units.