1017 Fremont Ave, Pensacola, FL 32505

Auction Property. Investor Special! This 3/1 home will have a *New Roof* by closing, and offers strong rental potential with major updates already completed: **New HVAC (blower, condenser, smart thermostat) **New water heater (to code, drain pan) **Granite sink & new garbage disposal **Dimmers in common areas. Projected rent: $1,400/mo, annual income $16,800. Cap rate approx. 16; No HOA, low taxes ($1,250/year). Great buy-and-hold or flip opportunity near downtown Pensacola. Very convenient area, most major services are within 1 mile including gas, groceries and medical. If you're a golfer, you're 1.3 miles away from Marcus Pointe Golf Club; if you're a "foodie" you have 124 eateries within 5 miles!