65 N Donelson St, Pensacola FL 32502

$700,000

65 N Donelson St, Pensacola, FL 32502

bedrooms

bathrooms

square feet

2,050

Acreage

Open Houses

year built

1920

Full Baths

Half Baths

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VA ASSUMPTION ELIGIBLE: 2.75% RATE * This fully furnished 4-unit Downtown investment property is perfect for house hacking FHA or VA * All 4 units are currently short term rentals (listed on just AirBnB currently) grossing an impressive 4-year average of $97,249 annual rental revenue * Property appraised at $745,000 early 2024 * For the aspiring investor, this is a perfect opportunity to cash flow your housing by living in one unit while renting the others. Either continue renting the other 3 units short term, or place a long term tenant in one (or all) of the units for additional stability. The options are many, and you can’t find a better location for the price * The property is comprised of the following structures: 1) The main house with 3 bedrooms and 1 bathroom 2) A studio apartment boasting a large great room, sky-high ceilings, and a spiral staircase to the loft 3-4) The “carriage house” is an upstairs/downstairs duplex, each 1 bedroom and 1 bath 5) Garage/storage area with 300sqft for overflow * Located just one block north of Garden St, it’s a short walk to Palafox St, the Blue Wahoos Stadium, Bruce Beach, Pensacola Bay Center, and ALL the amenities of Downtown Pensacola! You can't find a property on the market with better potential *** Buyer and Buyer’s Agent to verify all features, dimensions, measurements, etc that may be important to you.

Location
Subdivision	None
County	Escambia
Elementary School	Global Learning Academy
Middle School	Workman
High School	Pensacola

Driving directions

Open houses

None scheduled.

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MLS number: 657520

Listing agent: Michael Warinner

Listing broker: Key Impressions Llc (850) 776-4580

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: Friday, February 7 2025 at 7:02 a.m. EST

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