200 Holmes Ave, Pensacola, FL 32507

Property Description

TURNKEY DUPLEX | STRONG RENTAL HISTORY | FURNISHED UNIT B! Welcome to 200 Holmes Dr, an income-producing duplex with extensive updates to both units and excellent rental potential. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking additional rental income, this property offers flexibility, updates, and established tenants. Unit A features central HVAC, new front and back doors, a new toilet, plumbing installed for a washer and dryer, and a new electrical panel. The unit is currently occupied by long-term tenants with a lease extending through December 2027 at $900/month. Washer and dryer are tenant-owned. Unit B has been completely renovated down to the studs and features new plumbing, a new kitchen, renovated bathroom, central HVAC, new back door, most windows replaced, new electrical panel, and plumbing for both laundry and a dishwasher. A stackable washer and dryer are included, and a new dishwasher. Additional improvements include a tankless gas water heater. Unit B is being sold fully furnished, with everything inside conveying with the sale. The unit has been successfully rented to military tenants for $1,575/month. The exterior has been thoughtfully improved with fresh paint, new sod, a complete irrigation system with a separate irrigation meter, and fencing for both units. With significant renovations already completed, established rental income, and a turnkey furnished second unit, 200 Holmes Dr is a great opportunity for an investor seeking a property with immediate income and future potential. Buyer to verify all lease terms, rental information, measurements, and features.