Pensacola, FL 32505,1165 Webster Dr
Pensacola, FL 32505,1165 Webster Dr
Pensacola, FL 32505,1165 Webster Dr
Pensacola, FL 32505,1165 Webster Dr
Pensacola, FL 32505,1165 Webster Dr
Pensacola, FL 32505,1165 Webster Dr
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Listed by Michael Warinner • MARK DOWNEY & ASSOCIATES, INC.
Bought with Dederek Teate, Jr. • KELLER WILLIAMS REALTY GULF COAST

$65,000

$70,000

7.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3 Beds

1.5 Baths

1,000 SqFt


SOLD DATE : 12/03/2019

Key Details

Sold Price $65,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $65

Subdivision Mayfair

MLS Listing ID 555067

Sold Date 12/03/19

Style Ranch

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Originating Board Pensacola MLS

Year Built 1961

Lot Size 0.300 Acres

Acres 0.3

Property Description

Incredible investment opportunity! * Tenant-occupied home rented through mid-2020 **** After lease is up, you can either flip the property for a nice profit (3 BR homes under $150k are in HUGE demand!) or continue renting to the same tenant – who has been in the home for years! * The tenant of this home has resided since 2010 (at $650/month, but this lease rate is low and can be increased substantially) and is under lease until 4/30/20. **** The Cap Rate on this property is at least a 12 (which means it is a solid investment) and the property has been renovated to some extent – the fridge was replaced when the tenant took residence, and new A/C was installed in 2017! * The home is believed to be in overall good condition and will make a solid investment as it would likely sell for $10-15k more if vacant --- or rent it long-term and let someone pay it off for you and potentially realize a huge return on your investment * Broker is the Property Manager and has inspected the home (as we do with all of homes in portfolio) 4x annually....so we believe that the home is in good overall condition **** Please verify all features, dimensions, etc that are important to you. * This is an AS-IS / WHERE-IS sale but as noted, the home is believed to be in good condition!

Location

State FL

County Escambia

Zoning Res Single

Rooms

Dining Room Kitchen/Dining Combo

Kitchen Not Updated

Interior

Heating Central

Cooling Central Air

Flooring Tile

Appliance Electric Water Heater, Dishwasher, Electric Cooktop, Refrigerator

Exterior

Garage Carport

Carport Spaces 1

Pool None

Waterfront No

Waterfront Description None, No Water Features

View Y/N No

Roof Type Composition

Parking Type Carport

Total Parking Spaces 1

Garage No

Building

Lot Description Interior Lot

Faces NORTH on Mobile Hwy * RIGHT on Massachusetts Ave * RIGHT on Bridgedale Rd * LEFT on Webster Dr * house on LEFT

Water Public

Structure Type Brick Veneer, Frame

New Construction No

Others

Tax ID 152S301000006027

Special Listing Condition As Is

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