FL > Pensacola
Pensacola, FL 32503,3061 N 16th Ave
Pensacola, FL 32503,3061 N 16th Ave
Pensacola, FL 32503,3061 N 16th Ave
Pensacola, FL 32503,3061 N 16th Ave
Pensacola, FL 32503,3061 N 16th Ave
Pensacola, FL 32503,3061 N 16th Ave
Stephanie McBride
Stephanie McBride

Agent | License ID: 117407

+1(251) 360-0568

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Listed by Cole Jenkins • Kuhn Realty
Bought with Ashley Divin • Levin Rinke Realty

$ 375,000

$ 399,000 6.0%

Est. payment | /mo

2 Beds

1 Bath

1,081 SqFt

$ 375,000

$ 399,000 6.0%

Est. payment | /mo

2 Beds

1 Bath

1,081 SqFt

Key Details

Sold Price $375,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,081 sqft

Price per Sqft $346

MLS Listing ID 662950

Sold Date 06/26/25

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1955

Property Sub-Type Duplex

Source Pensacola MLS

Property Description

Investment Opportunity in East Hill! Located in the desirable East Hill neighborhood, this (fully renovated down to the stud) duplex offers incredible rental potential. The duplex contains 2 units: each unit contains 2 bedrooms, 1 bathroom, a kitchen, a living room, laundry, and a separate driveway. The sellers put up a new privacy fence as well. With a potential rental income of $1,500 per month per unit, this property has the potential to generate approximately $36,000 in gross annual rental income. With the duplex essentially being brand new, you can enjoy the peace of mind that comes with low maintenance and no immediate repair or update costs. Insurance quotes came in around $2700 per year. This is a rare opportunity to own a modern, well-located multi-unit property in East Hill – perfect for investors looking for a high-quality addition to their portfolio. Property comes unfurnished but was staged for photos.

Location

State FL

County Escambia - Fl

Interior

Heating Central

Exterior

View Y/N No

Roof Type Shingle

Building

Lot Description Central Access

Faces North on 17th Ave, Left on E Hayes St, Left on 16th Ave, duplex is on the left.

New Construction No

Others

Tax ID 000S009025009375

Stephanie McBride

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(251) 360-0568

stephanie@anotherdoorprop.com

1 Chase Corporate Drive Suite 400, Birmingham, AL, 35244, United States

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Go tour this home

3061 N 16th Ave