Price
$ 229,000

5910 N PALAFOX HWY, Pensacola, FL 32503  
  • 3,284 sqft

5910 N PALAFOX HWY, Pensacola, FL 32503  

Ideal investment property for cash flow! This 7 unit building rarely has a vacancy for more than a week. Units consist of five 1 bedroom and two efficiency apartments. Gross income = $49,980 and approximately NOI $22,559. 9.9% CAP Rate. Located close to the airport in the heart of the Car City area of Pensacola. Good zoning for future use. Owner may consider owner financing for qualifying buyer.

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Listing Type
Multi-Family
Listing ID
492003
House Size
3,284
Lot Size
127x252
Listing Status
Active
Year Built
1975
County
Escambia
Floors
2
Units
7
School District 1
BRENTWOOD
School District 2
WOODHAM
School District 3
WASHINGTON
TaxID
351S309002018006
Listing courtesy of EXIT REALTY N.F.I - COMMERCIAL DIVISION
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX AMERICA'S TOP REALTY
    2777 Gulf Breeze Pkwy Gulf Breeze, FL 32563 | Phone: (850) 934-4449
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.