Home > Pensacola > For sale by owner > 6374 W Fairfield Dr APT C, Pensacola, FL 32506

6374 W Fairfield Dr APT C, Pensacola, FL 32506


Price : 480000.00

🛌🏻 2 Bedrooms
🛀🏻 1 Bathrooms
🚗 Parking
Size   792 sq/ft
Built Area   792 sq/ft
Property Type   House for sale
Features   Dishwasher, Microwave, Refrigerator, Type:Apartment, Year Built:1984, Heating:central, Cooling:Central, Parking:6 Parking spaces, HOA:$2, 300 monthly, Days on Zillow:56 Days, Price/sqft:$606, Offer Review Date:


Own All 4 Units. This cash cow of a 4plex has received lots of upgrades in recent years including a new architectural shingle roof in 2019, tile floors throughout, newer water heaters & ac units. This great income property, grossing $46,080 annually. You can even live in one and rent the other units, live mortgage free with an income stream. All units are 2 bed 1 bath and are approximately 800 sq ft. Each unit has a storage closet/laundry room with washer dryer hook-ups on its semi-private patio. Unit B was recently vacated and is being left vacant to show and for the new owner to occupy or rent out., Unit A is occupied and rented for $975, Unit B is rented for $950 Unit C is rented for $950 & Unit D is rented for $950. There is one water meter for the building and the owner currently pays the water bill which runs approximately $220 per month. The owner has checked with ECUA and been told that these units can be separately metered if the new owner desires to install additional taps and split them out so that the tenants can pay for their own water. Tenants pay own electric and cable/internet. Annual HOA dues of $2300 covers lawn care, parking lot maintenance, lift station maintenance & pays for the dumpster.