
Description
Centrally located and consistently leased, this quadplex delivers dependable cash flow today with clear upside for the next owner. Each of the four identical 2-bed / 1-bath units (about 925 sq ft) opens to a combined living, dining, and kitchen area with durable tile flooringand kitchens that were refreshed in recent years with more modern cabinetry and updated countertops. Roof was replaced in 2020. Interior highlights include large bedrooms, plentiful closetsa coat closet, pantry, linen closet, and a true walk-in primary closetplus in-unit laundry hookups. Outdoors, every apartment enjoys a 12.5 8.5 ft private patio with a 7.25 5.5 ft locked storage room, and there's ample parking directly in front of the building. Current rents are $1,100 on two units and $1,095 on the other two, for a total of $4,390 per month. Tenants pay their own electric; the owner covers water, sewer, trash, and lawn care. Lease expirations (one month-to-month, one in July, two in September) provide steady income now and flexibility to raise rents or renovate at turnovernearby 2-bed units support higher rates. Whether you plan to occupy one unit and let the others offset your mortgage or simply want a reliable addition to your portfolio, this four-plex offers a strong location, stable tenancy, and clear value-add potential without a major capital outlay. Additional photos and details available on request.
-
8BEDS
-
N/AACRES
-
4BATHS
-
01/2 BATHS
-
3,700SQFT
-
$126$/SQFT
School Information
Description
Centrally located and consistently leased, this quadplex delivers dependable cash flow today with clear upside for the next owner. Each of the four identical 2-bed / 1-bath units (about 925 sq ft) opens to a combined living, dining, and kitchen area with durable tile flooringand kitchens that were refreshed in recent years with more modern cabinetry and updated countertops. Roof was replaced in 2020. Interior highlights include large bedrooms, plentiful closetsa coat closet, pantry, linen closet, and a true walk-in primary closetplus in-unit laundry hookups. Outdoors, every apartment enjoys a 12.5 8.5 ft private patio with a 7.25 5.5 ft locked storage room, and there's ample parking directly in front of the building. Current rents are $1,100 on two units and $1,095 on the other two, for a total of $4,390 per month. Tenants pay their own electric; the owner covers water, sewer, trash, and lawn care. Lease expirations (one month-to-month, one in July, two in September) provide steady income now and flexibility to raise rents or renovate at turnovernearby 2-bed units support higher rates. Whether you plan to occupy one unit and let the others offset your mortgage or simply want a reliable addition to your portfolio, this four-plex offers a strong location, stable tenancy, and clear value-add potential without a major capital outlay. Additional photos and details available on request.
© 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2025-06-13T21:54:37.513.