Bought with Bill Chavis • RE/MAX HORIZONS REALTY
$750,000
$770,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
7 Baths
6,200 SqFt
SOLD DATE : 06/14/2019
Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 6,200 sqft
Price per Sqft $120
Subdivision New City Tract
MLS Listing ID 552211
Sold Date 06/14/19
Bedrooms 7
Full Baths 7
HOA Y/N No
Originating Board Pensacola MLS
Year Built 1936
Lot Dimensions 120 x 132.5
Property Description
Investor opportunity!!! East Hill's Iconic ART DECO Quadplex is up for sale! A perfect condo conversion with upside profit margin. This property has it all - location on Lakeview Ave., across from the park, unique beauty, 6 car detached garage, over 6200 sq. feet of living space, charming period features and comfortable floor plans. Built in 1936 by the Weis Family of Weis Fricker Mahogany for school teachers. One unit was added on to and totally redone. It was converted to a 1600 sq. ft one bedroom one and a half bath luxury home. The renovation on the other downstairs unit is almost complete with new kitchen cabinets and the red oak floors were just stripped and refinished. Many major renovations were done in 2008 and now in 2019. Roof has fifteen years life left, electrical has been redone over the years. This could be four exclusive condos with a view of the park and covered parking. Check out what you can buy for $300,000 in East Hill. You can't find all this has to offer!! This must be a cash sale. Listing agent can direct you to attorney that did the last condo conversion in East Hill. It can also be bought as a 3100 sq. ft 3/3.5 residence and you rent the other two units as apartments or you convert them o condos, sell them and greatly reduce the cost of your 3100 sq. ft home. This is a cash sale unless buyer can arrange financing. Seller can provide Home inspection report.
Location
State FL
County Escambia
Zoning City,Res Multi,Res Single
Rooms
Basement Unfinished
Kitchen Granite Counters, Laminate Counters, Pantry
Interior
Interior Features Ceiling Fan(s), Crown Molding, Elevator, High Ceilings, High Speed Internet, Walk-In Closet(s), Sun Room
Heating Multi Units, Heat Pump, Central
Cooling Ceiling Fan(s), Multi Units, Heat Pump, Central Air
Flooring Hardwood, Wood, Vinyl, Carpet, Simulated Wood
Appliance Water Heater, Electric Water Heater, Dryer, Washer, Dishwasher, Electric Cooktop, Gas Stove/Oven, Refrigerator, Oven
Exterior
Exterior Feature Rain Gutters
Parking Features 3 Car Garage, Detached, Oversized, Rear Entrance
Garage Spaces 3.0
Fence Back Yard, Partial, Privacy
Pool None
Community Features Playground
Utilities Available Cable Available
Waterfront Description None, No Waterfront Features
View Y/N No
Roof Type Shingle, Gable, Rolled/Hot Mop
Total Parking Spaces 3
Garage Yes
Building
Lot Description Central Access, Interior Lot
Faces 12th Ave to East on Lakeview Ave Building in the middle of the fifteen hundred block on the right across from the park
Water Public
Structure Type Block Siding, Hardboard Siding, Wood Siding, Block, Brick, Concrete, Frame, Steel
New Construction No
Others
Tax ID 000S009025006231
Security Features Smoke Detector(s)
Special Listing Condition As Is
Pets Allowed Yes
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Find out why customers are choosing LPT Realty to meet their real estate needs