Property Description

A rare multifamily opportunity on .29 acres just minutes from booming downtown Pensacola. This single parcel holds four separately addressed homes at 706, 708, 710 and 712 W Chase St, zoned multifamily, making it ideal for investors seeking short-term or long-term rental income. Each unit carries old Florida charm with a classic shotgun-style layout: a welcoming front porch opens into the living area, flowing back through the bedroom to a full bath and kitchen, and out to a covered rear deck with a private yard. The floorplans are efficient, renter-friendly, and easy to maintain. Major capital improvements are already done. Three of the four roofs were replaced post-Hurricane Sally, and all four units have had electrical and plumbing updated to current standards. The only roof original to the storm is 712 W Chase St. Three of the four units are currently tenant-occupied. The vacant unit is available for touring to give buyers a firsthand look at the layout and condition of the homes. The owner has been successfully renting these units and is now offering the entire parcel as one sale. This property is being sold as-is, as one lot, and will not be divided. As-is contracts only. With downtown Pensacola's continued growth driving demand for walkable, affordable rentals, this parcel offers the kind of density and flexibility that single-family investors rarely find at this price point.

Property Features

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