$199,000
Pending

2401 N E St

Pensacola, FL 32501
1880 sqft | 3 beds | 1 bath | #659223
Browse 3 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Prime Investment Opportunity in Thriving Pensacola Market This unique property offers exceptional investment potential with **two separate buildings** on-site, providing **versatile income opportunities**. The first building was previously a **3-bedroom, 1-bathroom home**, ideal for rental income or owner occupancy. The second building was formerly used as a **business space**, presenting possibilities for commercial use, a rental unit, or conversion into additional living quarters. Located in a high-demand area, this property benefits from **Pensacola's strong rental market** and **steady economic growth**. Investors can capitalize on **multiple revenue streams**—whether through long-term rentals, business leasing, or a mixed-use strategy. Key Features: ? **Two structures** for residential and/or commercial use ? **High rental demand** in a thriving market ? **Prime location** with easy access to local amenities ? **Flexibility** for investors, homeowners, or entrepreneurs ? **Potential for value-add renovations** A **comprehensive inspection and financial analysis** are recommended to assess renovation costs, rental income potential, and overall investment viability. Don't miss this **rare opportunity** to secure a **versatile, income-generating property** in one of Pensacola’s most promising markets!

  • Property Details
      • Property SubtypeSingle Family Residence
      • SubdivisionEnglewood Heights
      • Sewer InformationNo Water Sewer
      • Utility SourceNo Water Sewer
      • Date ClosedMarch 11, 2025
      • Lot DescriptionCorner Lot
      • Middle SchoolWarrington
      • FoundationOff Grade
      • High SchoolPensacola
      • Property TypePurchase
      • CountyEscambia
      • Original List Price$199,000
      • MLS #659223
      • Cost199000
      • MLS #659223
      • Square Feet1880
      • Year Built1957
      • Elementary SchoolWeis
      • Bedrooms3
      • Bathrooms1
      • Full Baths1

Location

Doug MurphyReal Estate Group

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Interest Rate

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2.6%
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