GREAT INVESTMENT. QUIET AND GOOD AREA NEAR NAVY BASE

• Address: 616 MILLS AVE
• City: PENSACOLA
• State: FL
• Zip: 32507
• County: ESCAMBIA

• Price: $350,000
• MLS #: 439711
• Property Type: Multi Family
• Listing Type: Resale/New
• Subdivision: NONE
• Status: Active

• Jr. / Mid: BAILEY

• Elementary: NVPT
• Sr. / High: ESCA

12.5 CAP NET AFTER SUBTRACTING ALL OPERATING EXPENSES AND 10% FOR VACANCY/MAINTAINANCE, HOWEVER THERE IS NO DEFERED MAINTAINANCE AND UNITS ARE 100% OCCUPIED WITH WAITING LIST. ROOM TO RAISE RENTS FOR EVEN HIGHER RETURN ON INVESTMENT AND ALSO POSSIBILITY TO REDUCE EXPENSES. OWNER IS IN RETIREMENT MODE, GREAT INVESTMENT. QUIET AND GOOD AREA NEAR NAVY BASE

• Listing courtesy of: KELLER WILLIAMS REALTY GULF COAST