2371 Le Ruth Drive

Pensacola, FL 32514

$585,000
Price
6
Beds
4
Baths
1,822 Sq. Ft.
$321 / Sq. Ft.
1,822
Sq. Ft.
$321
per Sq. Ft.

Description

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...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. Past rental income suggests units could make as much as $4300-$4700 monthly income. 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 vacant so if you want to add this great offering to your investment 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!
  1. Listed by Catherine Bergfelder • EXP Realty, LLC

Amenities

  • Hardwood Floors
  • Laundry in Building
  • Private Outdoor Space
  • Vinyl Floors
  • Washer / Dryer Hookup
  • Washer / Dryer in Unit
  • Window AC Installed

Location

Listing Courtesy of EXP Realty, LLC
Add your commute
LISTING UPDATED: 04/10/2024 02:27 PM

Property Details for 2371 Le Ruth Drive

StatusActive
MLS #639218
Days on Market78
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1960
Lot Size-
CountyEscambia County

Location

Listing Courtesy of EXP Realty, LLC
Add your commute

Building Information for 2371 Le Ruth Drive

Stories1Residences3Year Built1960Building Size-Lot Size-

Payment Calculator

$3,448 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,193

Property Taxes

$255

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2371 Le Ruth Drive

Summary
Location and General Information
  • Directions: Nine Mile Road to Sandpiper Left on Le Ruth Dr.
  • Latitude: 30.533633
  • Longitude: -87.212372
  • Subdivision Name: None
Taxes and HOA Information
  • 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
Virtual Tour
School Information
  • Elementary School: Mcarthur
  • High School: Tate
  • Middle Or Junior School: Ferry Pass
Property
Lot Information
  • Building Name: None
  • Construction Materials: Frame
  • Levels: One
  • Lot Features: Interior Lot
  • Lot Size Dimensions: 267.6 x 183
  • Road Responsibility: County Maintained Road
  • Roof: Shingle
  • Cooling: Yes
  • Heating: Yes
  • Horse: No
  • New Construction: No
Property and Assessments
  • Documents Count: 6
  • Parcel Number: 051S300707000000
  • Photos Count: 50
  • Property Condition: Resale
Green Features
  • Green Energy Efficient: Ridge Vent
Utilities
  • Electric: Circuit Breakers, Copper Wiring
  • Sewer: Public Sewer, Septic Tank
Interior and Exterior Features
Exterior Features
  • Exterior Features: Rain Gutters
  • Foundation Details: Off Grade
  • Patio And Porch Features: Covered, Porch
  • Pool Features: None
Interior Features
  • Appliances: Tankless Gas Water Heater, Dryer, Washer, Built In Microwave, Microwave, Refrigerator
  • Bathrooms Partial: 0
  • Cooling: Ceiling Fan(s), Multi Units, Wall/Window Unit(s)
  • Flooring: Vinyl, Simulated Wood
  • Heating: Multi Units, Wall/Window Unit(s)
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: Inside, W/D Hookups
  • Rooms Total: 9
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Rental
Rental Information
  • Leasable Area Units: Square Feet
  • Lease Considered: No

Property History for 2371 Le Ruth Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2371 Le Ruth Drive

Taxable ValueLand-Additions-Total-
Tax Record2023$3,059 ($255 / month)
Home Facts
Beds0Total Finished SqFt2,449 SqFtAbove Grade Finished SqFt2,449 SqFtStories1Lot Size48,787 SqFtStyleSingle Family ResidenceYear Built1960ZoningMDRCountyESCAMBIAAPN05-1S-30-0707-000-000

Schools near 2371 Le Ruth Drive

This home is within Escambia.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
L. D. Mcarthur Elementary School
PublicPK to 5

Ferry Pass Middle School
Public6 to 8

J. M. Tate Senior High School
Public9 to 12

Woodham Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2371 Le Ruth Drive is a multi-family home for sale in Pensacola, FL 32514. This property was listed for sale on January 24, 2024 by EXP Realty, LLC, it's currently listed at $585,000. It has been on the market for a total of 78 days and was last sold on July 25, 2022. This listing's school district is Escambia. Nearby schools include L. D. Mcarthur Elementary School, Ferry Pass Middle School and J. M. Tate Senior High School. 2371 Le Ruth Drive is a 6-bed, 4-bath, 1,822 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.