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$217,500
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Property Description
** Incredible INCOME PRODUCING PROPERTY! *** Rent Potential: $26,400 annual income (and maybe higher) for these 2 units * BRAND NEW ROOF, Many updates to the units including water heaters, one has a new A/C unit, and many other updates ** Both units are currently rented and will cash flow immediately with a Cap Rate of close to 12 (7 is industry standard for a well kept unit)! ** Situated NEXT TO UWF and a mile or so from West Florida Hospital and more, you cannot find a better location with potential for substantial appreciation, in addition to the cash flow ~ Market rent for this property is approx $1,100 a month per side (please confirm the actual rent at the moment - may be lower due to owner slowly graduating the tenants rents higher as many updates were done AFTER the current owner purchased and thus has been slowly increasing rent so as to not chase the current tenants) **** Please verify all features, dimensions, measurements (sq ft of each unit), etc that may be important to you ***** Seller is the Broker of Record and is a licensed Real Estate Broker in FL and AL **
Full Property Details
Full Property Details for 2435 Kelso Rd #A & B
General
- Sold For: $217,500
- Status: Closed
- Type: Duplex
- Source: Pensacola
- MLS ID: 635364
- Added to Site: 818 day(s) ago
Rental Information
- Lease/Rent Term: 7 to 12 Months, None
Interior
- Appliances: Water Heater, Electric Water Heater, Refrigerator
- Flooring: Tile, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Parking
- Parking Features: Driveway
Location
- County: Escambia
- Driving Directions: Driving EAST on E Nine Mile Rd, turn RIGHT (South) on Kelso Rd * Duplex is first gray one on the RIGHT
School Information
- Elementary School: Mcarthur
- Middle School: Ferry Pass
- High School: Tate
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Construction: Frame
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 650
- Year Built: 1982
- Property Condition: Resale
Lot Features
- Lot Dimensions: 100 x 210
- Road Maintenance: County Maintained Road
- Lot Features: Interior Lot
- Zoning: Commercial
Water Features
- Water Front Desc.: None
Financial Considerations
- Price Per Sq. Ft.: $145
Disclosures and Reports
- Property ID: 041S300101003019
Listed by Mark Downey & Associates, Inc.
Sold by Dalton Wade, Inc.
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Schools
Schools serving 2435 Kelso Rd #A & B
School District:Escambia County School District, Cantonment, FL
| Name | Grades | Distance |
|---|---|---|
Ferry Pass Elementary School 8310 North Davis Highway, Pensacola, FL 32514 | PK-5 | 1.3 mi |
Ferry Pass Middle School 8355 Yancey Lane, Pensacola, FL 32514 | 6-8 | 1.5 mi |
Pine Forest High School 2500 Longleaf Drive, Pensacola, FL 32526 | 9-12 | 5.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2435 Kelso Rd #A & B
Date
Details
Price
Change
Source
12/23/2024
Sold
$217,500
-3.33%
MLS
7/15/2024
Price Reduced
$225,000
-4.26%
MLS
6/11/2024
Price Reduced
$235,000
-6%
MLS
4/23/2024
Price Reduced
$250,000
-5.66%
MLS
3/28/2024
Price Reduced
$265,000
-3.64%
MLS
10/23/2023
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2435 Kelso Rd #A & B, Pensacola, FL 32514 (MLS# 635364) is a Duplex property that was sold at $217,500 on December 23, 2024. Want to learn more about 2435 Kelso Rd #A & B? Do you have questions about finding other Duplex real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.

