Bought with Outside Area Selling Agent • OUTSIDE AREA SELLING OFFICE
$369,000
$397,500
7.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,026 SqFt
SOLD DATE : 02/28/2023
Key Details
Sold Price $369,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 1,026 sqft
Price per Sqft $359
Subdivision Woodlands
MLS Listing ID 604965
Sold Date 02/28/23
Style Traditional
Bedrooms 2
Full Baths 2
HOA Fees $450/ann
HOA Y/N Yes
Originating Board Pensacola MLS
Year Built 1984
Lot Size 2.680 Acres
Acres 2.68
Property Description
Great opportunity to add 3 condo units to your investment portfolio. The Woodlands Condominium is located in a great location off 9 Mile Rd. Conveniently located near UWF, shopping, and medical facilities. All units offer 2 bedrooms, 2 baths, 1st floor patio, 2nd floor balcony, W/D hookups, and fireplace. There are 3 units located on the 2nd floor. New roofs were installed in January, 2021 on all 5 buildings. The yearly association fee is $1,800 per unit. The lease terms are as follows (unit - monthly rent - lease exp.):E202 - $1,100 - Month-to-Month, E203 - $1,100 - 01/31/2024, E204 - $1,000 - 01/31/2024. Annual Rental Income: $38,400 Expenses: $12,554 NOI: $25,846
Location
State FL
County Escambia
Zoning Res Multi
Rooms
Dining Room Living/Dining Combo
Kitchen Not Updated
Interior
Heating Central, Fireplace(s)
Cooling Central Air, Ceiling Fan(s)
Flooring Tile, Vinyl, Carpet
Fireplace true
Appliance Electric Water Heater, Dishwasher, Refrigerator
Exterior
Parking Features Parking Lot
Pool None
Waterfront Description No Water Features
View Y/N No
Roof Type Shingle
Garage No
Building
Lot Description Central Access
Faces From 9 Mile Rd, go North on Sunnehanna Blvd. Condos will be on the right side.
Story 1
Water Public
Structure Type Frame
New Construction No
Others
HOA Fee Include Association, Maintenance Grounds, Insurance, Maintenance, Trash
Tax ID 061S304800[3 Units]
Security Features Smoke Detector(s)
Special Listing Condition As Is
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