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Sold for $240,000
  • $240,000

    2437 Kelso Rd #A & B, Pensacola, FL 32514

    2beds
    600sqft
    Duplex
    Built in 1982
    -- sqft lot
    $239,100 Zestimate®
    $400/sqft
    $1,275 Estimated rent

    Home value

    $239,100

    $213,000 - $270,000

    $1,275/mo

    Zestimate® history
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    What's special

    PRICED WELL BELOW MARKET VALUE with a cap rate of around 12!! Industry Standard is around 6-7 meaning this produces almost double of. an investment typical to it! *** Rent Potential: $26,400 annual income or better or around $100k annual for all 8 units!! * BRAND NEW ROOF, new wiring, new water heater, new Air Con ditioner/Heater *** One side of the duplex has been completely updated: all new paint, flooring, cabinets and countertops, appliances, and more! * The other side is also in great condition * Either live in one side to start your investment portfolio while producing income, or continue to lease both sides for maximum cash flow! * Both units are leased for approx $1050-1100/each (please confirm at time of contract) * Situated just south of 9 Mile Rd & Davis Hwy, the duplex is right outside the UWF campus, and close to all of the amenities of 9 Mile Rd, including the Navy Federal campus~ you cannot find a better location with potential for substantial appreciation, in addition to the cash flow ***** Please verify all features, dimensions, measurements (including sq ft of each unit), etc that may be important to you ** Seller is Broker of Record, and is a licensed Real Estate Broker in FL and AL

    Zillow last checked: 8 hours ago

    Listing updated: October 09, 2024 at 12:38pm

    Listed by:

    Mark Downey 850-456-6616,

    MARK DOWNEY & ASSOCIATES, INC.,

    Troy Alsaker 850-382-4681,

    MARK DOWNEY & ASSOCIATES, INC.

    Bought with:

    Caleb Drake

    Levin Rinke Realty

    Source: PAR,MLS#: 635399MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Electric Water Heater, Refrigerator
    • Laundry: W/D Hookups
    Features
    • Flooring: Tile, Carpet
    • Windows: Blinds
    • Has basement: No
    Interior area
    • Total structure area: 1,500
    • Total interior livable area: 600 sqft

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Waterfront features: None
    Lot
    • Dimensions: 100 x 210
    • Features: Interior Lot
    Details
    • Parcel number: 041s300101003019
    • Zoning description: Commercial
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Frame
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Electric: Copper Wiring
    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Location
    • Region: Pensacola
    • Subdivision: None

    Price history

    DateEventPrice
    10/7/2024Sold$240,000+4.3%$400/sqft
    Source: PAR #635399 Report a problem
    8/10/2024Contingent$230,000$383/sqft
    Source: PAR #635399 Report a problem
    7/15/2024Price change$230,000-8%$383/sqft
    Source: PAR #635399 Report a problem
    6/11/2024Price change$250,000-5.7%$417/sqft
    Source: PAR #635399 Report a problem
    4/23/2024Price change$265,000-7%$442/sqft
    Source: PAR #635399 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 32514

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mcarthur
    • Middle: FERRY PASS
    • High: Tate

    Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $239,100
    2% more+$4,782
    With Zillow Showcase(estimated)$243,882