231 S N St Pensacola, FL 32502

Investors alert! Owner financing available! Would you like to live for free? You can live in one unit and have your tenant pay for your mortgage. A stabilized investment opportunity with 9 percent investment return with an upside to increase below market rents to a prevailing market rent. Property has fresh exterior paint, new plumbing, 231 has completely remodeled bath, gas stove and water heater, vinyl flooring. 241 has tile throughout, electric water heater and stove. Effective year 1965! Newly finished development of a single family houses with great curb appeal, Romana Square, across the street, more development coming soon to this area, a new Kiwanis community park with a beautiful playground, basketball, and softball fields two blocks away. It is only minutes away from the heart of thriving downtown Pensacola, Blue Wahoos Stadium, fast growing and developing area, very close to famous tourist attractions, businesses, entertainment, and the proposed new waterfront development, I-10 Interstate, less than 6 miles to NAS, 6+ miles to the airport, 10 miles to amazing Pensacola Beach, 12 miles to University of West Florida. Potential Rent $1,700/mth for both units, taxes $923.00/yr, insurance $989.00/yr This is a great investment opportunity!