We are selling the assignable purchase contract on the property below.
Buy it Now Price: $75,000
9226 Windsong Ln
Pensacola, FL 32534
Here is an opportunity for a flip or killer rental within MINUTES from the newly expanded Navy Federal Corporate Complex. This property is zoned MDR, so additional units could be added.
With 4 bedrooms & 2 bathrooms, 1560 sqft of heated living, and situated on a large .95 acre lot, an investor could really do well on this as a flip or BRRRR. Home was built in 1973 and has updated copper wiring. Home is on septic, but we’ve been told public sewer is available at street (buyer to confirm). Foundation looks good, and there are no visible signs of WDO. HVAC was working well during inspection (power is off now). There is a large workshop on the property that will be highly desirable for an end buyer or tenant (could use some love).
There was an old mobile home that was removed, but a new investor could add a new mobile home or RV for additional income.
What needs to be done: Roof needs replacing. Some new sub-floor and flooring needs replacement from previous plumbing leak. Update/replace kitchen and bathrooms, paint, flooring, fixtures, landscaping.
Rental Rate in this area is easily $1,700+, and the ARV is $175,000 all day.
Buy it Now: $75,000
Cash or Hard Money Only
Agents, Bring Your Buyer & Add Your Fee on Top