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4400 Lillian Hwy

Pensacola, FL 32506
  • $425,000
  • STATUS: Active
  • ON SITE: 187 Days
  • MLS #: 605974
$425,000
  • 7
    BEDS
  • 1
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 3,120
    SQFT
  • $136
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1931
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

INVESTOR ALERT! This is a perfect property for someone who is trying to build a decent real estate portfolio or add to your current PORTFOLIO. Real estate has always been a great hedge against inflation(not financial advice) that can bring in POSITIVE CASH FLOW if done right. This special property is Zoned C-1. Two story main house currently used as a rental property. Per seller, there are seven rooms rented at a rate of $600.00 per month. Also included with this sale are two additional apartments that are also used as rental units. One of the apartments rents for $800.00 per month, and the other three bedroom, two bath apartment rents for $1,200 per month. There is also a workshop/storage which includes a bath and has been rented in the past. Seller owns a parcel of property behind this property which includes another apartment that is also included with the sale. Total monthly rental income is over $6,000 per month. There are no leases so the tenants can remain or move with notice. The seller manages the rentals so there is no management company involved. The seller pays approximately $600.00 to $700.00 per month for utilities. Seller recently installed a new 1100 gallon septic tank and replaced the roofs on the main house and apartments. The seller owns three parcels of property, one behind this property and one on the left of this property. Call today to make your appointments. This cash cow won`t last long!

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© 2022 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: 2022-10-01T23:54:34.877.
www.yourpensacolamove.com/homes/127137071
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4400 Lillian Hwy Pensacola, FL 32506

  • Price: $425,000
  • Status: Active
  • On Site: 187 Days
  • MLS #: 605974
7
Beds
3
Baths
1
½ Baths
1
Acres
3,120
SQFT
$136
$/SQFT
1931
Built
Neighborhood:
None
County:
Escambia
Area:
Pensacola
Elementary School:
Myrtle Grove
Middle School:
Warrington
High School:
Escambia
Property Description
INVESTOR ALERT! This is a perfect property for someone who is trying to build a decent real estate portfolio or add to your current PORTFOLIO. Real estate has always been a great hedge against inflation(not financial advice) that can bring in POSITIVE CASH FLOW if done right. This special property is Zoned C-1. Two story main house currently used as a rental property. Per seller, there are seven rooms rented at a rate of $600.00 per month. Also included with this sale are two additional apartments that are also used as rental units. One of the apartments rents for $800.00 per month, and the other three bedroom, two bath apartment rents for $1,200 per month. There is also a workshop/storage which includes a bath and has been rented in the past. Seller owns a parcel of property behind this property which includes another apartment that is also included with the sale. Total monthly rental income is over $6,000 per month. There are no leases so the tenants can remain or move with notice. The seller manages the rentals so there is no management company involved. The seller pays approximately $600.00 to $700.00 per month for utilities. Seller recently installed a new 1100 gallon septic tank and replaced the roofs on the main house and apartments. The seller owns three parcels of property, one behind this property and one on the left of this property. Call today to make your appointments. This cash cow won`t last long!
Exterior Features

Architectural Style Traditional Carport Spaces 2 Carport YN Yes Construction Materials Brick Covered Spaces 2 Fencing Chain LinkOtherPartialPrivacy Foundation Details Off Grade Garage YN No Levels Two Lot Features Central Access Open Parking YN Yes Other Structures Guest HouseWorkshop/StorageYard Building Parking Features 2 Car CarportDrivewayGuest Parking Total 2 Patio And Porch Features CoveredDeckPorchCovered Porch Pool Features None Roof Shingle Waterfront Features No Water Features

Interior Features

Appliances Electric Water HeaterOven/CooktopRefrigerator Cooling Central AirCeiling Fan(S) Cooling YN Yes Fireplace YN Yes Flooring HardwoodCarpet Heating CentralFireplace(S) Heating YN Yes Interior Features StorageCeiling Fan(S)High Speed InternetBonus RoomSun Room Laundry Features InsideW/D Hookups Room Bathroom Level Second Room Bedroom Level Second Room Bedroom1 Level Second Room Dining Room Features Breakfast Room/NookFormal Dining Room Room Dining Room Level First Room Kitchen Features Not UpdatedLaminate Counters Room Kitchen Level First Room Living Room Level First Window Features Double Pane WindowsSome BlindsSome Drapes

Property Features

Association Fee Frequency Annually Association Fee Includes None Association YN No Building Area Total 3120 Electric Circuit Breakers Green Energy Efficient InsulationInsulated FloorsInsulated Walls Home Warranty YN Yes Homestead No Listing Agreement Exclusive Right To Sell New Construction YN No Possession Close Of Escrow Property Attached YN No Property Condition Resale Property Sub Type Single Family Residence Rent Restrictions No Road Responsibility County Maintained Road Sale Rent For Sale Sale Subject To Lease No Security Features Smoke Detector(S) Sewer Septic Tank Utilities Cable Available Water Source Public Zoning Description Commercial

Listing provided by Keller Williams Realty Gulf Coast: 850-471-5000.


© 2022 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: 2022-10-01T23:54:34.877.
 
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The Kathy Batterton Team | Levin Rinke Realty
220 W Garden St
Pensacola FL, 32502