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668 72nd Ave A, B, C, D, Pensacola, FL 32506
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$490,000
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Home Details for 668 72nd Ave A, B, C, D
Price
$490,000
Type
Multi Family
Total Bathrooms
4
Full Bathrooms
4
Year Build
1982
County
Escambia - Fl
MLS®️ Listing#
672374
On exitrealty.com
97 days
Property Description
Quadplex unit with income in the range of approx $50,000 annually w/ potential for more - which equals a cap rate of approx 10%!!! * Most units have been updated with some having major updates or modifications to make them more desirable and modern, not to mention many new features such as: Roof, A/C & Heat, and more! * Redacted Leases will be provided upon request * All units are currently under strict, lawyer-executed leases with each tenant paying a "utility fee" monthly that adds to the profitability of the overall complex * Please see a copy of the map that shows what is being sold ** (NOTE: please verify all features, dimensions, numbers, etc...also note that the Owner owns 2 other 4-plexes adjacent to this - that all share the same parking lot. Meaning, you could own a total of 12 units. There is also a vacant lot adjacent to this quad that could be purchased for $75k. Buyer could build up to 28 units on this lot!).
- Heating Information
- Central
- Fireplace(s)
- Cooling Information
- Central Air
- Water Features
- Public
School Information
School Information for 668 72nd Ave A, B, C, D
Elementary School
Navy Point
Middle School
WARRINGTON
High School
Escambia
Listing Courtesy: MARK DOWNEY & ASSOCIATES, INC. - 850-456-6616
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Pensacola Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty are governed by the PAR Rules and Regulations and detailed information about them includes the name of the listing companies. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. Copyright ©2026 Pensacola Association of REALTORS®, Inc. All Rights Reserved.
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