|We are selling our assignable purchase and sale agreement for
2210 W Gadsden St, Pensacola, FL 32505
Asking: 59K obo
* 3 bed / 2 bath
* carport and shed out back
* built in 1940
* ~ 1320 sqft
This property is registered with the county HUD, on the section 8 list and has been rented steadily to the current tenant for nearly 3 years ay $950/mo and could easily be raised to $1000/mo by year’s end. A solid structure that survived Sally with very minimal damage (a ~4ft length of siding is missing from the eaves, but no water intrusion). Just recently re-inspected for another section 8 term. HVAC, water heater, windows, electrical & plumbing systems all in working order. The roof could use replacing but is currently doing the job. Laundry fixtures are inside a portion of the main structure that is not air conditioned.
– Global Learning Academy Elementary
– Warrington Middle
– Pensacola High
At this price, the rent ratio is 1.7%
Seller will consider owner financing.
Link to photos
NOTE: This is an ALL-CASH transaction and buyer must close quickly.
$5,000 Non-Refundable earnest money to be deposited by NOON of
the following day or contract will be cancelled.
REALTORS: Add your commission, whatever you want and bring a buyer!
Email or text Greg @ email@example.com or (850) 485-6577 for more information or to schedule a time to view the property.