This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
8820 Fowler Ave #A-D, Pensacola, FL 32534
$380,000
8820 Fowler Ave #A-D, Pensacola, FL 32534View this property at 8820 Fowler Ave #A-D, Pensacola, FL 32534
8820 Fowler Ave #A-DPensacolaFL32534
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Are you an aspiring Investor? Consider using the NEW FHA/VA house hacking loan program to live in one unit and rent the other three units. FHA/VA only requires a minimum of 3.5% down if one unit is owner occupied for a minimum of one year. Use this opportunity to build your rental portfolio and create wealth at the same time. This 4-plex is an ideal income producing property for local investors and or absentee investors. These units are all mirror images of each other with 2 bedrooms 1 bath. Units are all electric and on septic. Current rents are as follows: Unit A $800, Unit B $750, Unit C $825, Unit D $725 for a total gross monthly rent of $3,100 and annual gross income $37,200. Most units in the complex are renting for $1,000 per unit for a potential gross income of $4,000 a month and $48,000 annually. Note Fowler Place HOA is $1,600 annually and covers community lighting, garbage, and lawn maintenance. Please note 8820 Fowler Ave is located on the edge of FEMA's Flood Zone AE with the flood line going right through the asphalt parking area. This property will require flood insurance if you're a finance buyer.
Full Property Details
Full Property Details for 8820 Fowler Ave #A-D
General
- Sold For: $380,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 635145
- Added to Site: 196 day(s) ago
Location
- County: Escambia
- Subdivision: Fowler Place
- Driving Directions: Highway 29 North to W Detroit Blvd, Left on W Detroit Blvd approximately 1 mile to Fowler Ave, Right on Fowler Ave and approximately .5 miles to 8820 Fowler Ave on right hand side.
School Information
- Elementary School: Lincoln Park
- Middle School: Beulah
- High School: Tate
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Construction: Frame
- Roof: Shingle
- Stories/Levels: 2
- Year Built: 1983
- Property Condition: Resale
Lot Features
- Lot Dimensions: 113 x 89
- Lot Features: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $118.75
Disclosures and Reports
- Property ID: 101S301400000010
Listed and Sold by Levin Rinke Realty
Get Pre-Approved Today
Schools
Schools serving 8820 Fowler Ave #A-D
School District:Escambia County School District
Rating | Name | Grades | Distance |
---|---|---|---|
7600 Kershaw St, Pensacola, FL 32534 | PK-3 | 1.3 mi | |
6201 Helms Rd, Pensacola, FL 32526 | K-5 | 4.6 mi | |
1771 Tate Rd, Cantonment, FL 32533 | 9-12 | 3.6 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 8820 Fowler Ave #A-D
Date
Details
Price
Change
Source
12/14/2023
Sold
$380,000
-11.61%
MLS
11/02/2023
Price Reduced
$429,924
-2.15%
MLS
10/18/2023
Listed
$439,349
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8820 Fowler Ave #A-D, Pensacola, FL 32534 (MLS# 635145) is a Multi-Family property that was sold at $380,000 on December 14, 2023. Want to learn more about 8820 Fowler Ave #A-D? Do you have questions about finding other Multi-Family real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.