14 J St, Pensacola, FL 32502

Property Description

This downtown Pensacola triplex is a rare find! Conveniently located to the great coffee shops, restaurants, shopping & events of downtown and only about 15 minutes from Pensacola Beach. This property offers a 1, 2 & 3 bedroom unit. With no HOA and a great location this property offers tons of potential as a short term rental! Unit A is a 3 bedroom 2 bath charmer with beautiful hardwood floors and heavy wood molding throughout. The kitchen has been updated as have the bathrooms. This unit is currently tenant occupied at $1450 per month, the lease was annual but has rolled over to month to month. Unit B is a 1 Bedroom unit that is located behind unit A and attached to the shared laundry room. Unit B has it's own separate entrance and covered front porch. Unit B is rented at $775, the lease was annual but has rolled over to month to month. There is also a separate fenced yard behind Unit A & B. Unit C is a 2 bedroom unit located behind Unit A & B and has it's own separate entrance and fenced yard. Unit C was recently painted and received new luxury vinyl plank flooring and a new AC. Unit C is was previously rented for $1,000 but is being kept vacant to allow for showings. The rental report(included in the additional documents tab) suggest that there is great opportunity for a new owner to increase rents in the future! Tenants are responsible for all utilities. Pictures of unit A & B are from before the existing tenants moved in. This property received a new roof in 2019.