ActiveSingle Family Residence$197/sq.ft

1106 Dr Martin Luther King Jr Dr, Pensacola FL 32503

$300,000

4 bedrooms2 baths1,524 sq.ftPensacola, FL 32503

About this property

RARE INVESTMENT OPPORTUNITY - 12% ROI ANNUALLY!! This duplex is perfectly positioned between downtown and East Hill - WALKING DISTANCE TO BOTH - while only being 10 minutes from Pensacola Beach! Whether you are interested in house hacking, double short term renting on Airbnb, or doing a traditional rental on both units, this property offers exceptional flexibility, strong income potential, and an unbeatable location for both investors and owner-occupants alike. This property offers turn of the century charm with a modern interior. Pulling up, each unit has their own private front porch - perfect for relaxing with a cup of coffee after a long day. Stepping inside you are welcomed by the central living space featuring an updated kitchen and plenty of space for a dual dining and living room setup. Throughout the house there is NO CARPET, and the bathrooms on both sides are updated as well. The yard is spacious and provides a blank canvas for whatever project you may have in mind! Stop on by and see why this property is perfect for your next purchase!

Property details & specifications

Property TypeSingle Family Residence

StatusActive

CityPensacola

Zip Code32503

CountyEscambia - Fl

Subdivision / NeighborhoodEast King Tract

Bedrooms4

Bathrooms2

Living Area1,524 sq.ft

Price / Sq.Ft$197/sq.ft

Year Built1918

CoolingMulti Units, Wall/Window Unit(s), Ceiling Fan(s)

HeatingCentral

RoofShingle

ConstructionFrame

Days on Market60

MLS #686604

Appliances Included

Water Heater, Gas Water Heater

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Location & neighborhood

1106 Dr Martin Luther King Jr Dr, Pensacola FL 32503

Caroline Jordan — Link Realty Gulf Coast

Listed / Presented by Link Realty Gulf Coast LLC

Caroline Jordan, Broker / Owner • 251-504-6642 • caroline@coastallinkproperties.com

Listing information is provided by Pensacola Association of Realtors MLS via Bridge Interactive and is deemed reliable but not guaranteed. Equal Housing Opportunity.