2401 N E St, Pensacola, FL 32501

$202,000 Asking Price

3 beds
1 bath
1,880  sqft
Built in 1957

Property Overview: Unlock the potential of Pensacola's vibrant real estate landscape with this unique investment opportunity. This property features two distinct structures that present versatile possibilities for savvy investors. **Structure 1:** Once a cozy 3-bedroom, 1-bathroom home, this building holds the promise of being transformed into a charming residence or modernized rental unit. Its residential layout and established neighborhood location offer significant potential for appealing to local tenants or future buyers. **Structure 2:** Previously utilized as a business, this building provides ample space and flexibility for a variety of commercial or mixed-use purposes. Whether you envision it as a profitable rental property, a retail space, or an office, its strategic placement and adaptable design offer numerous opportunities. **Investment Potential:** Pensacola's real estate market is currently experiencing robust demand and appreciation. This property is positioned to capitalize on these trends, offering both immediate rental income potential and long-term growth prospects. **Why This Property?** With its dual-purpose buildings, strategic location, and the high demand for both residential and commercial spaces in Pensacola, this property is a compelling investment opportunity. Whether you're looking to expand your portfolio or explore new avenues, this property offers the flexibility and potential to meet divers

Features & Amenities

Interior

Appliances:
No Water Heater
Flooring:
Hardwood
A/C:
false, None
Heating:
false, None
Eco/Green Feature:
No Energy Features

Exterior

Style:
A-Frame
Pool:
None
Parking:
Driveway

Construction

Roofing:
Shingle
General:
Frame, 1, Off Grade

Location

Road/Access:
Paved
HOA Amenities:
Annually
Originating MLS:
Pensacola MLS
County:
Escambia

Lot

Zoning:
182S306000110034

Utilities

Utilities:
Aluminum Wiring
Water:
No Water/Sewer
Sewer:
No Water/Sewer

Financial

Source:
Pensacola MLS

This listing courtesy of:
Coldwell Banker Realty, Shane Carter

About Pensacola, FL

Housing

Number of Units
117,982
Median Home Value
$166,417
Median Rent
$827

38.91% of housing units are renter occupied.

11.28% are vacant.

Commute

Car
70.29%
Public Transportation
0.84%
Walk to Work
1.88%
Work from Home
25.12%
Other
0.90%

The median travel time to work is 18 minutes.

People

Population
262,267
Median Age
38.70
Median Household Size
2.52

Education

High School
26.89%
Associate’s Degree
11.13%
Bachelor’s Degree
15.93%
Graduate Degree
9.90%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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