2371 Le Ruth Drive
2371 Le Ruth Drive
$585,000
6
4
1,822
1,822
$321
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!
- 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 UPDATED: 04/10/2024 02:27 PM
Property Details for 2371 Le Ruth Drive
Status | Active |
---|---|
MLS # | 639218 |
Days on Market | 78 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Triplex |
Year Built | 1960 |
Lot Size | - |
County | Escambia County |
Location
Building Information for 2371 Le Ruth Drive
Stories1Residences3Year Built1960Building Size-Lot Size-
Payment Calculator
$3,448 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2371 Le Ruth Drive
Property History for 2371 Le Ruth Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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