2371 Le Ruth Dr, Pensacola, FL 32514

$535,000

bedrooms

bathrooms

square feet

1,822

Acreage

Open Houses

year built

1960

Full Baths

Half Baths

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Amazing real estate investment opportunity on over an acre close to UWF! 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!

Location
Subdivision	None
County	Escambia
Elementary School	Mcarthur
Middle School	FERRY PASS
High School	Tate

Driving directions

Open houses

None scheduled.

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MLS number: 639218

Listing agent: Catherine Bergfelder

Listing broker: Epique Realty Inc (190) 495-5457

Copyright © 2025 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 8 2025 at 7:18 p.m. EDT

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