🤑Cash Flowing Already!🤑 🏡Buy and Hold Property in Pensacola, FL Asking $145K🏡😄

Description

🏡 Property Details

8720 Chemstrand Rd #A, Pensacola, FL 32514

Property is a CBS 2/2 but can be converted to a 3/2 (closet needs to be added). Currently tenant occupied with Cash Flow! They have a valid lease until 05-01-2024 (written lease provided upon request). Roof is from 2016 (permit available upon request). Property does have aluminum wiring except the addition to the south of the kitchen has copper.

About this Opportunity:

🏡 Welcome to Pensacola, FL! This buy & hold property presents an incredible investment opportunity for the savvy fix-and-flip investor seeking a project with both potential and promise OR the professional Landlord looking to expand their rental portfolio in a growing area.

🚍 Positioned strategically, this property is located within short walking distance to convenient bus stops, providing easy access to public transportation.

🛍️ End-buyers and tenants alike will appreciate the proximity to Shopping Malls and 🍽️ Dining options, with a variety of restaurants catering to diverse tastes.

💼 The surrounding neighborhood has witnessed significant gentrification, adding to the property’s allure as a lucrative investment. This revitalization enhances property values and contributes to the overall desirability of the area.

💵 As a rental property, this unit is already cash flowing which allows you to walk into a sound investment from the beginning, not having to worry about covering costs of rehab through the end of the lease term.

🏚️ As a fix-and-flip opportunity, this property holds immense potential for transformation. With the ongoing neighborhood improvements, a tasteful and strategic rehabilitation could not only breathe new life into the property but also position it as a sought-after residence in an evolving community.

💰 The potential for a high return on investment is evident, thanks to the combination of strategic location, ongoing gentrification, and the increasing demand for upgraded homes in the area. This project presents an opportunity to capitalize on the rising market value and contribute to the positive transformation of the neighborhood.

🛠️ Embrace the potential and embark on a rewarding fix-and-flip journey. Schedule your viewing today and unlock the doors to a lucrative investment in the heart of Pensacola! 🏡

Showing Instructions: Tenant Occupied. By Appointment Only.