Active
2023 N U St
Pensacola FL, 32505
$85,000
$75.35 per sqft
Active
3 Beds
1 Bath
1,128 sqft
Residential
Built in 1940
Calling seasoned real estate investors! This is a rare opportunity to potentially transform a property into a multi-parcel lucrative investment. Situated on a sizable corner lot of 0.38 acres ( two city parcels being sold together ~one is 70 x 120 and the other is 60 x 140 and fronts W. Hernandez).This entire piece of property is fenced and looks to have been a pecan orchard back in the day. The home is a diamond in the rough and has visible signs of roof leaks, wood rot and some areas of mold in the ceiling area so care is to be taken when you tour. There is a large workshop behind the home, this looks to have been someones pride and joy at one time. Once restored this could be a wood workers dream! OF course the alternative is the tear down existing structures and building one or two spec homes (must confirm with the city as to this option.) This is not a project for the faint of heart, but for the seasoned investor, developer, or even homeowner looking for a large parcel, the rewards could be substantial. Whether you're looking to flip, develop, or hold, this property offers endless potential. Don't miss out on this chance to add significant value to your portfolio. ~ When viewing the property please be careful as there are several areas in the yard where tree roots have decayed underground and caused some un-level areas. That back piece of property that fronts Hernandez is 140 deep and is truly a lovely piece of property . So much potential, bring your imagination and get started! THIS WILL BE AN AS IS SALE WITH BUYER TO SATISFY THEMSELVES, SELLER WILL MAKE NO REPAIRS. CASH OR CONVENTIONAL LOAN ONLY.
653891
MLSⓇ ID
October 14, 2024
Listed
October 14, 2024
Updated
Map
2023 N U St
Pensacola FL, 32505
Interior Features
Total Stories
1
Bedrooms
3
Total Bathrooms
1
Full Bathrooms
1
Interior Features
Bonus Room
Appliances
Gas Water Heater
Floor Description
Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.38 Acres
Lot Features
Corner Lot
Architectual Style
Salt Box
Roof
Composition
Sewer
Septic Tank
School Information
High School
Pensacola
Elementary School
Weis
Other Property Details
Association Fee Frequency
Yearly
Garage
No
Parking
On Street
View
No
County
Escambia
Pool
No
Pool Features
None
Courtesy of RE/MAX INFINITY, Traci Mccoy,
Listing Contact:
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Last updated 10/14/2024 11:27 PM UTC