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2371 Le Ruth Dr

Pensacola, FL 32514

6 beds
4 baths
1,822 sqft
$293 per sqft
1960 build
– on site

HUGE PRICE REDUCTION!!! Amazing real estate investment opportunity! This Triplex includes a 3 bedroom 2 bathroom, 2 bedroom/1 bathroom and Efficiency unit. All units come with new washer/dryer sets. This triplex is set up with tankless hot water heater. The amenities like separate entrances with outdoor spaces, new HVAC systems, marble countertops, farm sinks, luxury vinyl plank and hardwood floors add value and appeal to potential tenants. Being near Ferry Pass Bayou adds to its charm and potentially attracts renters seeking a unique location just off Nine Mile Road. All units have Full Bathrooms with some upgrades. The potential to add another building with more units could significantly increase your rental income and overall return on investment. Just think what you could do with this property as a short term investment so close to West Florida Hospital and University of West Florida. Parents coming to town and students who may need housing equal great potential as well the market for short term locations have become a great money maker. And think about all the professionals in the area who may need a home away from home as they travel. All units are currently renting off and on, so if you want to add this great investment to your portfolio before the units are rented out - Come quickly. If you want another option or a second investment take a look at MLS 639219 - 2370 Hencye Dr. adjacent property next door which is also for sale!

Listing courtesy of PAR / Epique Realty, Inc.

Last checked: Checking… • Last updated Oct 21, 2024 •

MLS# 639218 —

The Building

Year Built:

1960
New Construction:

false
Construction Materials:

Frame
Levels:

One
Stories:

1
Roof:

Shingle
Foundation Details:

Off Grade
Exterior Features:

Rain Gutters
Patio And Porch Features:

Covered
Green Energy Efficient:

Ridge Vent
Building Area Total:

2114
Building Area Units:

Square Feet

Interior

Rooms Total:

9
Interior Features:

Ceiling Fan(s)
Flooring:

Vinyl
Laundry Features:

Inside

Room Dimensions

Living Area Units:

Square Feet
Living Area:

1822

Location

Directions:

Nine Mile Road to Sandpiper Left on Le Ruth Dr.
Latitude:

30.533633
Longitude:

-87.212372

The Property

Parcel Number:

051S300707000000
Property Type:

Residential Income
Property Subtype:

Triplex
Property Condition:

Resale
Lot Features:

Interior Lot
Lot Size Units:

Acres
Horse:

false
Road Responsibility:

County Maintained Road

Listing Agent

Contact info:

Taxes

Tax Legal Description:

Beg At Ne Cor Of Blk 8 Colonial Terrace Pb 3 P 38 N 33 Ft S 82 Deg 49 Min E 267 6/10 Ft For Pob Continue Same Course 267 6/10 Ft S 183 Ft W 267 6/10 Ft N 183 Ft To Pob E 1/2 Of Lt 4 Of An Unrecorded Plat Or 8829 P 912

Beds

Bedrooms Total:

6

Baths

Bathrooms Total:

4
Total Baths:

4
Full Baths:

4

The Listing

Virtual Tour URL Unbranded:

http://tinyurl.com/2371LeRuthDr

Heating & Cooling

Heating:

Multi Units
Heating:

true
Cooling:

Ceiling Fan(s)
Cooling:

true

Utilities

Electric:

Circuit Breakers
Sewer:

Public Sewer

Appliances

Appliances:

Tankless Gas Water Heater

Schools

Elementary School:

Mcarthur
Middle Or Junior School:

Ferry Pass
High School:

Tate

The Community

Subdivision Name:

None
Pool Features:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
8/13/24 Aug 13, 2024	Listed / Active	PAR	$535,000

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This multifamily located in North Northwest Pensacola, Ferry Pass, FL 32514 is currently for sale for $535,000. 2371 Le Ruth Dr is a 1,822 square foot multifamily with 6 beds and 4 baths that has been on Estately for 84 days. 2371 Le Ruth Dr is in the North Northwest Pensacola neighborhood of Ferry Pass and has a WalkScore® of 24, making it car-dependent. This multifamily is in the attendance area of Ferry Pass Middle School and Mcarthur Elementary School.

Listing Courtesy of: PAR and Epique Realty, Inc..

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