$96,000. Optional Cash Closing Price for two properties {Save $1.5k420 N Reus St ($52.5k) + 418 N Reus St ($45k) OR 2 SEPARATE CLOSINGSThese two parcels are located in the Historic North Hill District. This location is part of the Urban Core Redevelopment in Downtown Pensacola. These are bargain prices. Upon completion, property values are expected to rise. Both homes have a strong resilient red brick exterior that have prevailed through Florida's heat and hurricanes for over 60 years. There's no need for structural foundation rehab but interior cosmetic upgrades are needed and should satisfy even the most discriminant RE investor. Each home has an HVAC, A/C condenser and Hot water tank in good working order. Each home has copper wiring with no visible damage to the roof.About 418 North Reus St: BUILT 1955 LOT SIZE 3,920 SFThis is the larger of the two properties on the smaller lot. It has a drive-way with off street parking. It has 3 bedrooms and 1.5 bathrooms. You will love the Bay Windows in the dining and den. With restoration, the charm and beauty will return to this cozy urban cottage.Whatever your exit strategy; Buy & Flip, Buy & Hold or Buy one or rent/lease the other, these properties are in a prime location to grow your return on investment over time. You and your end buyers will love the amenities. You're only blocks away from restaurants like 5 Sisters, Blue Dot Restaurants, historic homes and churches, Henry W. Wyer City Park, Pensacola Main Library & the latest project DeVilliers Square, Blues Site of Belmont & DeVilliers Streets, You are minutes away from Downtown Pensacola, and The Blue Wahoo Stadium. 3 Lots, 2 Properties, 1 Closing Price or two separate closings: START YOUR CASH FLOW!
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