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2371 Le Ruth Dr, Pensacola, FL 32514
$585,000
2371 Le Ruth Dr, Pensacola, FL 32514View this property at 2371 Le Ruth Dr, Pensacola, FL 32514
2371 Le Ruth DrPensacolaFL32514
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Property Description
Amazing real estate investment opportunity! This Triplex includes a 3 bedroom 2 bathroom, 2 bedroom/1 bathroom and Efficiency unit. All units come with new washer/dryer sets. This triplex is set up with tankless hot water heater. The amenities like separate entrances with outdoor spaces, new HVAC systems, marble countertops, farm sinks, luxury vinyl plank and hardwood floors add value and appeal to potential tenants. Being near Ferry Pass Bayou adds to its charm and potentially attracts renters seeking a unique location just off Nine Mile Road. Past rental income suggests units could make as much as $4300-$4700 monthly income. All units have Full Bathrooms with some upgrades. The potential to add another building with more units could significantly increase your rental income and overall return on investment. Just think what you could do with this property as a short term investment so close to West Florida Hospital and University of West Florida. Parents coming to town and students who may need housing equal great potential as well the market for short term locations have become a great money maker. And think about all the professionals in the area who may need a home away from home as they travel. All units are currently vacant so if you want to add this great offering to your investment portfolio before the units are rented out - Come quickly. If you want another option or a second investment take a look at MLS 639219 - 2370 Hencye Dr. adjacent property next door which is also for sale!
Full Property Details
Full Property Details for 2371 Le Ruth Dr
General
- Price: $585,000
- Status: Active
- Type: Triplex
- MLS ID: 639218
- Updated: 2/27/2024
- Added to Site: 101 day(s) ago
Rental Information
- Lease/Rent Term: None
Interior
- Number of Rooms: 9
- Interior Features: Ceiling Fan(s)
- Appliances: Tankless Gas Water Heater, Dryer, Washer, Built In Microwave, Microwave, Refrigerator
- Flooring: Vinyl, Simulated Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Inside, W/D Hookups
Exterior
- Exterior Features: Rain Gutters
- Deck/Patio: Covered, Porch
Location
- County: Escambia
- Driving Directions: Nine Mile Road to Sandpiper Left on Le Ruth Dr.
School Information
- Elementary School: Mcarthur
- Middle School: Ferry Pass
- High School: Tate
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Multi Units, Wall/Window Unit(s)
- Heating Type: Multi Units, Wall/Window Unit(s)
Utilities
- Sewer: Public Sewer, Septic Tank
Structural Information
- Construction: Frame
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 1,822
- Year Built: 1960
- Property Condition: Resale
Lot Features
- Lot Dimensions: 267.6 x 183
- Road Maintenance: County Maintained Road
- Lot Features: Interior Lot
Financial Considerations
- Price Per Sq. Ft.: $276.73
Disclosures and Reports
- Property ID: 051S300707000000
Listed by EXP Realty, LLC
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Schools
Schools serving 2371 Le Ruth Dr
School District:Escambia County School District
Rating | Name | Grades | Distance |
---|---|---|---|
330 E Ten Mile Rd, Pensacola, FL 32534 | PK-5 | 3.5 mi | |
8355 Yancey Ave, Pensacola, FL 32514 | 6-8 | 1.7 mi | |
1771 Tate Rd, Cantonment, FL 32533 | 9-12 | 6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2371 Le Ruth Dr
Date
Details
Price
Change
Source
2/17/2024
Price Reduced
$585,000
-4.88%
MLS
1/24/2024
Listed
$615,000
161.7%
MLS
7/25/2022
Sold
$235,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2371 Le Ruth Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,059
236%
$221,165
128%
2021
$910
-68%
$96,947
-52%
2022
$2,830
211%
$201,868
28%
2021
$910
-50%
$157,676
30%
2018
$1,822
-4%
$121,533
-6%
2019
$1,894
122%
$129,244
44%
2017
$855
1%
$89,832
2%
2016
$844
2%
$87,985
1%
2015
$824
6%
$87,374
1%
2014
$779
-3%
$86,681
2%
2013
$806
—
$85,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2371 Le Ruth Dr
2371 Le Ruth Dr, Pensacola, FL 32514 (MLS# 639218) is a Triplex property with 6 bedrooms and 4 full bathrooms. 2371 Le Ruth Dr is currently listed for $585,000 and was received on January 24, 2024. Want to learn more about 2371 Le Ruth Dr? Do you have questions about finding other Triplex real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.