6374 W Fairfield Dr Pensacola, FL 32506

This cash cow of a 4plex has received lots of upgrades in recent years including a new architectural shingle roof in 2019, tile floors throughout, newer water heaters & ac units. 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 and are approximately 792 sq ft. Each unit has a storage closet/laundry room with washer dryer hook-ups on it's semi-private patio. Unit B was recently vacated and is being left vacant to show and for the new owner to occupy or rent out., Unit A is occupied and rented for $875, Unit C is rented for $800 & Unit D is rented for $850. There is upside potential as recent 2/1 units in the complex have rented as high as $925. There is one water meter for the building and the owner currently pays the water bill which runs approximately $220 per month. The owner has checked with ECUA and been told that these units can be separately metered if the new owner desires to install additional taps and split them out so that the tenants can pay for their own water. Tenants pay own electric and cable/internet. Annual HOA dues of $2300 covers lawn care, parking lot maintenance, lift station maintenance & pays for the dumpster.