31 Kennington Dr Pensacola FL 32507
We are selling the assignable contract for this property.
Square footage: 1038
Year built: 1950
Lot Size: 6578
Asking price (includes assignment fee): $58,000
Great cash cow in Corry Heights! As a rental, you could be at 1.8-2.1 RTV ratio!!
Solid 1950s ranch style brick siding house within minutes to NAS Pensacola and Corry Station! Property features hardwood floors, 2 bedrooms, an eat-in kitchen and living room. The home has been rewired to include a 220V circuit for the window unit airconditioners. All new exterior doors including garage. Although no central heat/air, an operable attic fan keeps the home cool in the summer. Gas wall unit will arm the home in the winter. Backyard is fenced, and is screened with natural vegetation providing great privacy and quiet relaxation. Garage has W/D Hookups. All appliances convey.
Home was recently vacated and is move-in ready as-is. Some deferred maintenance items should be addressed over time: ie will need a roof replacement, some soft wood in the soffit, some broken glass.
With a slightly larger budget, home could easily be renovated and flipped. 18 Kennington, across the street is listed at $118/sqft
Navy Point Elementary School, Warrington Middle School and Pensacola High School.
Proforma rents are $1025/mo
PROPERTY IS VACANT, PLEASE CALL FOR ACCESS!
For more information or to submit an offer, please contact Greg at 850-485-6577 or email@example.com
A non refundable deposit of $5,000 will be required when submitting an offer. Buyer pays all closing costs.