2435 Kelso Road, Unit A & B
$225,000
2
2
650
650
$346
Virtual Tour
Description
Incredible INCOME PRODUCING PROPERTY! Rent Potential: $26,400 annual income (and maybe higher) for these 2 units BRAND NEW ROOF, Many updates to the units including water heaters, one has a new A/C unit, and many other updates Both units are currently rented and will cash flow immediately with a Cap Rate of close to 12 (7 is industry standard for a well kept unit)! Situated NEXT TO UWF and a mile or so from West Florida Hospital and more, you cannot find a better location with potential for substantial...Incredible INCOME PRODUCING PROPERTY! Rent Potential: $26,400 annual income (and maybe higher) for these 2 units BRAND NEW ROOF, Many updates to the units including water heaters, one has a new A/C unit, and many other updates Both units are currently rented and will cash flow immediately with a Cap Rate of close to 12 (7 is industry standard for a well kept unit)! Situated NEXT TO UWF and a mile or so from West Florida Hospital and more, you cannot find a better location with potential for substantial appreciation, in addition to the cash flow ~ Market rent for this property is approx $1,100 a month per side (please confirm the actual rent at the moment - may be lower due to owner slowly graduating the tenants rents higher as many updates were done AFTER the current owner purchased and thus has been slowly increasing rent so as to not chase the current tenants) Please verify all features, dimensions, measurements (sq ft of each unit), etc that may be important to you Seller is the Broker of Record and is a licensed Real Estate Broker in FL and AL
- Listed by Mark Downey • MARK DOWNEY & ASSOCIATES, INC.
- Listed by Troy Alsaker
Property Details for 2435 Kelso Road, Unit A & B
Waterfront Features
None
Zoning DescriptionCommercial
LISTING UPDATED: 11/02/2024 08:20 AM
Property Details for 2435 Kelso Road, Unit A & B
Status | Active |
---|---|
MLS # | 635364 |
Days on Market | 391 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1982 |
Lot Size | - |
County | Escambia County |
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Building Information for 2435 Kelso Road, Unit A & B
Stories1Residences2Year Built1982Building Size-Lot Size-
Property Information for 2435 Kelso Road, Unit A & B
Property History for 2435 Kelso Road, Unit A & B
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2435 Kelso Road, Unit A & B
This home is within Escambia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 8 to 12 |
Rating | School | Distance |
---|---|---|
Ferry Pass Elementary School PublicPK to 5 | ||
Ferry Pass Middle School Public6 to 8 | ||
Pine Forest High School Public9 to 12 | ||
ESCAMBIA COUNTY ACCELERATION ACADEMY-0401 Public8 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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