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$314,700
4 Beds ⋅ 2 Baths ⋅ 687796 MLS
TURNKEY DUPLEX | STRONG RENTAL HISTORY | FURNISHED UNIT B! Welcome to 200 Holmes Dr, an income-producing duplex with extensive updates to both units and excellent rental potential. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking additional rental income, this property offers flexibility, updates, and established tenants. Unit A features central HVAC, new front and back doors, a new toilet, plumbing installed for a washer and dryer, and a new electrical panel. The unit is currently occupied by long-term tenants with a lease extending through December 2027 at $900/month. Washer and dryer are tenant-owned. Unit B has been completely renovated down to the studs and features new plumbing, a new kitchen, renovated bathroom, central HVAC, new back door, most windows replaced, new electrical panel, and plumbing for both laundry and a dishwasher. A stackable washer and dryer are included, and a new dishwasher. Additional improvements include a tankless gas water heater. Unit B is being sold fully furnished, with everything inside conveying with the sale. The unit has been successfully rented to military tenants for $1,575/month. The exterior has been thoughtfully improved with fresh paint, new sod, a complete irrigation system with a separate irrigation meter, and fencing for both units. With significant renovations already completed, established rental income, and a turnkey furnished second unit, 200 Holmes Dr is a great opportunity for an investor seeking a property with immediate income and future potential. Buyer to verify all lease terms, rental information, measurements, and features.

200 Holmes Ave, Pensacola
$250,000
4 Beds ⋅ 2 Baths ⋅ 687003 MLS
This is a fantastic investment opportunity in the highly desirable Navy Point community that won't last long! This duplex features two 2-bedroom, 1-bath units, making it an ideal property for investors looking to generate rental income or owner-occupants seeking to offset their mortgage. Major capital improvements have already been completed providing peace of mind for years to come, including individual split-unit HVAC systems for each unit and a durable metal roof. The B-side has been completely remodeled and is rented at $1275/month till August of 2027 This unit features: -New tankless hot water heater (2026) -New stackable washer & dryer (2026) -New oven/range (2026) -New ceiling fans throughout the living room and bedrooms -Fresh interior paint throughout (2026) -Beautifully remodeled bathroom with new vanity (2026) -Updated kitchen countertops (2026) The A-side is being remodeled with completion by end of September: -Freshly Painted (2026) -Finished Bathroom Remodel (2026) -New LVP in bedrooms (2026) -New Ceiling Fans Throughout (2026) Whether you're looking for a turnkey investment with upside potential or a value-add project, this property offers the flexibility to fit your investment strategy. Located in the popular Navy Point neighborhood, you'll enjoy convenient access to downtown Pensacola, NAS Pensacola, waterfront parks, shopping, dining, and more. Don't miss your chance to own a versatile income-producing property with major system upgrades already completed and significant upside still available. Schedule your private showing today!

3 Ellinor Ct, Pensacola

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .