Property Type: Single Family
Sq Ft: 1100
807 Arlington Dr, Pensacola, FL 32505, 3BD/1BA, 1100SF, Built 1958, $25,000
This is a bi-level dwelling that has a mobile home like appearance but it's a SFR. It's located in Lillian Heights of Brownsville in Pensacola. Arlington Dr is a quiet Cul de Sac. The lot size (0.23 acre) is large enough for a tear down to build a multi-family dwelling. If that's not your plan, no need to spend a lot on rehab, projected budget of up to $18k. The median rent in this area is $750/month. Projected annual property taxes and insurance is $659 & $900, respectively.
This could be your cash cow after rehab or your cash stable with a rebuild!
Again, NO need to over rehab here, keep it simple On a huge lot with lot of investment potential. Tear down current structure and replace with duplex?, double your ROI faster?
Located in a quiet pocket in Brownsville, on a Cul de Sac Rd with children playing