6374 W Fairfield Dr Pensacola, FL 32506

This cash cow of a 4plex has been renovated over the last 5 years with new AC's, new water lines, tile and other upgrades. This great property has loads of potential for a buyer that wants to live in one unit and rent the other three or for a savvy investor. All units are 2 bed 1 bath with the same layout and are approximately 792 sq ft each. Each unit has a storage closet/laundry room with washer dryer hook-ups on it's semi-private patio. Unit A is currently vacant and being advertised for $800, unit B is occupied and rented for $800, Unit C is rented for $695 & Unit D is rented for $675. The owner currently pays water , which averages $160 per month, but the owner has checked with ECUA and been told that these units can be separated metered. With total current rents at $2970 per month, average water bill of $160, 2018 tax bill of $2057, annual HOA of $1200 and insurance estimated at $2000 this property has great cash flow potential.