Property Description

Conveniently located just 2.5 miles from downtown Pensacola and less than 5 miles from NAS Pensacola, this income-producing triplex offers solid rental performance and strong cash flow. With three units bringing in a total of $3,545 per month, plus an unfinished basement space that could be leased separately for storage, this property presents an excellent investment opportunity. Unit A is a spacious 3-bedroom, 1-bathroom unit upstairs featuring original hardwood floors, a large living room, an eat-in kitchen, and a bright sunroom measuring approximately 12x14. It also includes a gas fireplace that adds charm but is currently non-functional and intended for decorative use only. Unit B, also upstairs, is a 1-bedroom, 1-bath with vinyl flooring, a generously sized eat-in kitchen, and a large bedroom. Unit C, the downstairs unit, was recently renovated and includes granite countertops, recessed lighting, a 6-foot walk-in shower, a comfortable bedroom with an office or flex nook, and a kitchen with stainless steel appliances and updated cabinetry. All units have washer/dryer connections. The roof and all A/C units were replaced in 2022. Tenants pay their own electric. The owner pays for water, which averages $70-$90 per month. The unfinished basement (approximately 37x12) is currently used by the owner but could be converted into a rentable storage space to generate additional income. With steady income in place and a location that offers easy access to downtown, the Navy base, and major thoroughfares, this triplex is a smart addition to any rental portfolio. Some listing photos show the property vacant prior to current occupancy. Additional photos and information, including recent interior pictures, are available upon request.

Property Features

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