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$744,000

Beds
Unknown
sq ft
Unknown

1629 E Lakeview Ave, Pensacola, FL 32503

1629 E Lakeview Ave

Pensacola, FL 32503

  • 147 days on market
    • Price drop $5,000↓
Welcome to the epitome of opportunity in East Hill! Discover a rare gem in this vibrant neighborhood, featuring three distinct properties on a single expansive lot, offering unparalleled potential for savvy investors or those seeking multifamily living options. Situated in the desirable East Hill neighborhood, this property is surrounded by parks, shopping, and dining options, enhancing its appeal to potential tenants and short-term guests alike. Main House: The centerpiece of this property is a charming main house with two bedrooms and two baths, with the possibility to expand by converting the existing sunroom into a third bedroom. Duplex Units: Adjacent to the main house, you'll find a fully-furnished duplex, each unit boasting a generously sized bedroom and bathroom. These units have a proven track record as successful short-term Airbnb rentals, providing immediate and lucrative income potential. Investment Highlights - Turnkey Income: All three units are currently leased and ready to generate rental income from day one. Proven Success: These units have a history of high occupancy, and the duplex units have operated as successful short-term Airbnbs with positive reviews in the past. Expansion Potential: The main house offers the opportunity to increase its value by adding an extra bedroom. Multi-Property Package: Diversify your portfolio with three separate rental opportunities on one lot. High Demand Area: East Hill's vibrant community and amenities make it a sought-after location for both long-term tenants and short-term visitors. NEW roofs installed July 2024. Online estimates do not accurately reflect the duplex on the property. Don’t miss out on this exceptional opportunity to own a piece of East Hill's charm and maximize your investment potential!

Details

Property type

Lot size

Unknown

Price per sq ft

Unknown

Year built

1947

Price History

08/28/2024
Pensacola

Pensacola #644420

Price change
$744,000
-0.67%
06/30/2024
Pensacola

Pensacola #644420

Listed
$749,000
06/21/2024
Pensacola

Pensacola #644420

Pending
$749,000

Schools & Community

Neighborhood: 

Goulding

Elementary school: 

Oj Semmes

Middle school: 

Workman

High school: 

Pensacola

Status: Active

Tomo last checked: 09/19/2024 at 5:50 PM

Listing updated: 09/03/2024 at 2:53 PM

Listed by: Sophie Grizzle, 1st Class Real Estate Gulf Coast Phone #: (850) 637-8622

MLS: Pensacola #644420

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