106 And 108 Cherokee Trl
Pensacola, FL 32506
- – beds
- – baths
- 1,352 sqft
- $166 per sqft
- 1953 build
- – on site
***Income-Producing Triplex – Duplex with Detached Efficiency Unit*** This three-unit investment property offers immediate cash flow and strong long-term potential. The property includes a duplex and a detached efficiency unit on the same lot, providing multiple income streams. The duplex is currently rented for $1,620 per month on annual leases, with room to increase rents. The efficiency unit offers additional income potential, with market rents estimated at over $500 per month. Recent updates include a newer roof, just three years old, reducing capital expenditures for the foreseeable future. The duplex has also been rewired, adding to the property's reliability and value. Professionally managed with quality tenants already in place, this is a true turnkey investment with minimal hands-on involvement. The strong rental history and the ability to optimize rental rates make this an excellent opportunity for investors looking to maximize cash flow. Schedule a showing today.
Last checked:
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Last updated Feb 15, 2025
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MLS# 659179 —
The Building
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Year Built:1953
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Roof:Shingle
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Building Area Total:1352
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Building Area Units:Square Feet
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:Turn Right from Fairfield Drive to Mobile Highway First light turn left on Cherokee Trail house is on the right side second block
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Latitude:30.436348
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Longitude:-87.28103
The Property
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Parcel Number:142S308001040002
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Property Type:Residential Income
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Property Subtype:Triplex
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Lot Features:Corner Lot
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Lot Size Units:Acres
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Horse:false
Listing Agent
- Contact info:
- Agent phone:
- (812) 243-2419
- Office phone:
- (850) 916-5050
Taxes
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Tax Legal Description:Lt 4 & Beg At Swly Cor Of Lt 3 Nly Alg Wly Li 112 50/100 Ft To Nwly Cor Ely At Rt Ang & Alg Nly Li Of Sd Lt 3 66/100 Ft Swly 91 Deg 51 Min 48 Sec Rt 112 58/100 Ft To Pob Port Of Lt 3 Blk 2 Osceola Country Club Ests Pb 1 P 18 Or 8752 P 547 Sec 14/15 T 2S R 30
Heating & Cooling
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Heating:Central
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Heating:true
Utilities
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Electric:Circuit Breakers
Schools
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Elementary School:Sherwood
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Middle Or Junior School:Bellview
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High School:Escambia
The Community
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Subdivision Name:Osceola Country Club
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/14/25
Feb 14, 2025
|
Listed / Active | PAR | $225,000 |