615 N Spring St

Pensacola, FL 32501
$525,000

Description

Nestled within the charming North Hill Historic District of Downtown Pensacola stands a distinguished residence with a rich history and promising future. Originally crafted by the esteemed "Moreno" family construction company for one of their beloved daughters, this stately home bears witness to generations of Pensacola's architectural heritage. Imbued with a timeless allure, the property seamlessly blends historical significance with contemporary versatility. Its current zoning permits selective commercial office use, offering an enticing opportunity for business endeavors within a coveted locale. Undergoing a thoughtful transformation, the residence is undergoing a new roof installation, a testament to the seller's dedication to preserving its structural integrity. Presently divided into three distinct units, each exudes a blend of character and modern comfort. Recent upgrades attest to meticulous maintenance, ensuring a turnkey investment for discerning buyers. Beyond its financial allure, this property transcends mere real estate—it offers a tangible connection to Pensacola's storied past. Enveloped by the North Hill Historic District, residents are immersed in the vibrant tapestry of the city's heritage,where cobblestone streets whisper tales of yesteryears, and architectural treasures stand as guardians of time. Don't miss this unparalleled opportunity to not only acquire a lucrative investment property but also claim a cherished piece of Pensacola's illustrious history. Whether as a discerning investor or a passionate steward of heritage, 615 N Spring St beckons with endless possibilities and enduring allure. All units individually metered for electric - Tenant pays electric only - PLEASE DO NOT DISTURB EXISTING TENANTS
read more

  • Property Details
    • Property
      • Lot description:Corner Lot, Historic District
    • Measurements
      • Square Feet:2680
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1908
    • Material information
      • Foundation:Off Grade
  • Community and Neighborhood Details
    • Community
      • Subdivision:Belmont Tract
    • Location
      • Elementary School:Global Learning Academy
      • Middle School:Workman
      • High School:Pensacola
      • County:Escambia
  • Financial Details
    • Pricing Details
      • Original List Price:$595, 000
  • Other
    • Source
      • MLS #:645249

Location

Tishawn PackardReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00