Investor Special!
This 3/1 home needs a roof but offers strong rental potential with major updates already completed:
**New HVAC (blower, condenser, smart thermostat)
**Updated electrical & plumbing
**New water heater (to code, drain pan)
**Granite sink & new garbage disposal
**Dimmers in common areas.
Projected rent: $1,400/mo, annual income $16,800. Cap rate approx. 16; No HOA, low taxes ($1,250/year). Great buy-and-hold or flip opportunity near downtown Pensacola.