1011 Yonge St, Pensacola, FL 32503

Property Description

Best value on the market. Three separate cottages (rental units) on one legal parcel located in East Hill. Strong rental history and currently under fair market rents with quality tenants. Ideal parcel future updating or redevelopment. Divide the parcel back into two separate lots and build (2) homes. Perfect setup for building a 3/2 home with carriage garage, on each lot. This property is in an ideal location surrounded by comps in the $500k-$850k range built in recent years. Great value and ideal opportunity, prime location in proximity to the East Hill businesses, eateries, and pubs in walkable and bikeable distance. You won't find another deal like this with so much potential, at this price, in East Hill. The seller has discounted the deal to reflect fair market lot value" This one is a steal.