522 N 7th Ave - Multi-Family FOR SALE


Pensacola, FL 32501- Downtown Pensacola
$745,000 USD
850-292-2840
522 N 7th Ave, Pensacola, FL for Sale
$745,000 USD
Multi-Family - FOR SALE
1/36
null | 8.93% Cap Rate

522 N 7th Ave
Pensacola, FL 32501
Downtown Pensacola


HIGHLIGHTS

  • Turn-key fourplex generating stable income.
  • Blend charm, cash flow, and long-term equity in a walkable, vibrant community.
  • Turn-Key Offering: All units are furnished and in rentable condition

OVERVIEW

Fantastic opportunity for a “buy and hold” investor seeking immediate cash flow in a highly desirable downtown Pensacola location. This historically significant, income-producing property is ideal for a variety of investment strategies: Short-Term Rental Operators: Capitalize on the fully furnished setup and proximity to downtown attractions and waterfront parks. Mid-Term & Long-Term Investors: Diversify your portfolio with a turn-key fourplex generating stable income. Lifestyle Investors / 1031 Exchange Buyers: Blend charm, cash flow, and long-term equity in a walkable, vibrant community. With a strong rental history, architectural integrity, and included furnishings, this property offers plug-and-play efficiency in one of Pensacola’s most coveted neighborhoods. One of Downtown Pensacola’s most iconic historic residences is now available for purchase. Originally built in 1885 and once home to Mrs. King, namesake of the East and West King Tracts, this beautifully preserved Folk Victorian-style building is nestled in the heart of the Old East Hill Neighborhood, just a short walk to the vibrant downtown core, waterfront parks, cultural venues, and award-winning restaurants. Renovated & Maintained: Updated plumbing and four newer HVAC units in place. Turn-Key Offering: Sale includes all furnishings Owner Incentive: Seller will replace the roof with an acceptable offer. Walkability & Lifestyle: Just minutes from festivals, the arts, waterfront, and Pensacola’s business core. 1885 Folk Victorian Architectural Features Original hardwood flooring Tongue-and-groove ceilings Exposed brick, beadboard walls & mantled fireplaces Custom millwork and trim 11 FT Ceilings Currently operating as a fully furnished, income-producing four-plex, the property features distinctive architectural elements throughout: Investment Highlights: Income-Producing: Currently generating $93,577 annually through a mix of short, mid-term, and long rentals.

FOR SALE DETAILS

PRICE

$745,000 USD

PRICE/SF

$237 USD /SF

# OF UNITS

4

PRICE/UNIT

$186,250

CAP RATE

8.93%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Historic Multi-Family Investment Property

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1885

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

OEHR-2

APN/PARCEL ID

000S009020004007

ASK ABOUT THIS PROPERTY

William KurniaNAI PensacolaMore Info
850-292-2840

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William KurniaNAI PensacolaMore Info
850-292-2840

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.