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
Sold
$240,000
2437 Kelso Rd #A & B, Pensacola, FL 32514
2beds
600sqft
Duplex
Built in 1982
-- sqft lot
$237,900 Zestimate®
$400/sqft
$-- HOA
What's special
Zillow last checked: 7 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#: 635399

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: As Is
- 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
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$237,900
2% more+ $4,758
With Zillow Showcase(estimated)
$242,658