1106 Dr Martin Luther King Jr Dr, Pensacola, FL 32503

$300,000
4
BD
1,524
SqFt

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List Price
$300,000
MLS#
686604
Type
Single Family Residential
Year Built
1918
City
Pensacola
Subdivision
East King Tract
Bedrooms
4
Living Area
1,524
Acres
0.18
Status
ACTIVE

Property Description

RARE INVESTMENT OPPORTUNITY! This duplex is perfectly positioned between downtown and East Hill - WALKING DISTANCE TO BOTH - while only being 10 minutes from Pensacola Beach! Whether you are interested in house hacking, double short term renting on Airbnb, or doing a traditional rental on both units, this property offers exceptional flexibility, strong income potential, and an unbeatable location for both investors and owner-occupants alike. This property offers turn of the century charm with a modern interior. Pulling up, each unit has their own private front porch - perfect for relaxing with a cup of coffee after a long day. Stepping inside you are welcomed by the central living space featuring an updated kitchen and plenty of space for a dual dining and living room setup. Throughout the house there is NO CARPET, and the bathrooms on both sides are updated as well. The yard is spacious and provides a blank canvas for whatever project you may have in mind! Stop on by and see why this property is perfect for your next purchase! Each side rents for $1350/month - 11% ROI ANNUALLY!

Additional Information

Style
Traditional
High School
Pensacola
Lot Description
Central Access
Cooling
Multi Units, Wall/Window Unit(s), Ceiling Fan(s)
Heating
Central
Roof
Shingle
Pool Description
None
Parking
Driveway

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of EXP Realty, LLC.