For Sale
$349,000

4106 Jackson StPensacola, FL 32505

Three-unit rental property, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a three-unit multifamily portfolio nestled on a 1.01-acre lot in the heart of Pensacola, Florida. The portfolio comprises three buildings: two single-family homes (756 sq ft and 560 sq ft) and a recently renovated single-wide trailer. Currently operating at 100% occupancy, the property generates a substantial NOI of $37,531, representing a compelling 10.75% cap rate. Individual unit rents are $1050 and $650 for the single-family homes, and the trailer generates $2100+ monthly via Airbnb rentals. The homes are currently under month-to-month leases. The property features ample parking with two spaces per unit. Built in 1940 and 1983, with recent renovations completed two years ago, the property is zoned HC/LI. While the single-family homes require roof replacements (details in property disclosure), the strong current cash flow and potential for increased rental income make this a highly attractive investment. The asking price is $349,000, or $116,333.33 per unit. A pro-forma analysis reveals a 4.36% cap rate and a NOI of $15,229. Showings are by appointment only. All rental data is available upon request. This is a rare opportunity to acquire a well-located, cash-flowing multifamily portfolio in a growing Pensacola neighborhood.

Highlights

  • Three-unit multifamily portfolio on a 1.01-acre lot in Pensacola, FL.
  • Two single-family homes (756 sq ft & 560 sq ft) and a renovated single-wide trailer; currently 100% occupied.
  • Generating $37,531 annual NOI, a 10.75% cap rate; individual rents: $1050, $650, and $2100+ (Airbnb).
  • Month-to-month leases; ample parking (two spaces per unit); zoned HC/LI.
  • Built 1940 & 1983, recent renovations; roofs need replacement (details in disclosure); $349,000 asking price ($116,333 per unit).

Property Details for 4106 Jackson St

Property type
Residential income homes
Year Renovated
2
Buildings
3
Stories
1
Lot Size (sq. ft)
43,996 SF
Units
3

Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.4190072
Longitude
-87.2670379
4106 Jackson St, Pensacola, Florida

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4106 Jackson St
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