1303 N W St, Pensacola, FL 32505

Property Description

Investment opportunity in Pensacola! This versatile triplex offers three separate units and approximately 2,240 square feet of total living space, providing an excellent opportunity for investors looking to expand their rental portfolio. The main two-story building features two spacious 2-bedroom, 1-bath units, each with its own living area and kitchen, while the separate rear unit provides additional rental income with its own kitchen, bedroom and bath. Each unit is separately metered and offers washer and dryer hookups, allowing tenants to pay their own utilities. Adding to the property's investment potential, plans have already been completed for an additional unit, offering an opportunity for future expansion and increased rental income, subject to applicable permitting and approvals. The property is fully fenced and includes additional outdoor space that can accommodate parking, storage or recreational use. Zoned HC/LI, the property offers flexibility for a variety of potential residential and commercial uses, subject to applicable zoning requirements. Conveniently located near downtown Pensacola with easy access to major roadways, shopping, dining and area employers. Whether you're looking for an income-producing property today or an investment with additional growth potential, 1303 N W Street offers a unique opportunity.