Unique Opportunity, Multi-Purpose Opt-Investment Property – Kipling St, Pensacola, FL Sold

  • $109,000
  • 9 beds
  • 4 baths
  • 3,604 sqft

This is a unique opportunity on multi-levels!  The county zoning is High Density Mixed-use Sec. 3-2.9 which means this could be a home, business, or mobile home park (currently there’s a mobile home park right across from it).  So the opportunity is build-to-suite or tear down and develop a mobile home park, etc.  This property was once used as a group home at one time.  Has a wheelchair ramp on front porch and commercial grade sprinkler system installed.

Renovation cost varies based on new owner future plans.  A rehab was started upstairs upstairs but rehab left incomplete. Upstairs there is 6 bedrooms, 2 full baths, large den and storage room and hardwood floors mostly throughout.  Downstairs needs rehabbing, it has a kitchen, 2 family rooms, 3 bedrooms and 2 full baths, laundry room.  Fenced backyard.

Price:
$109,000
Address:
Kipling St
Pensacola, FL 32514
Square Feet:
3,604
Lot Size:
1.04 acres
Bedrooms:
9
Bathrooms:
4
Terms:
For Sale
Property Type:
Multi-family
Year Built:
1972
Basement:
$80k
Const. Type:
BRICK/FRAME
MLS #:
$250k to $330k

Call (407) 678-0062 for more details

Property Location