1106 Dr Martin Luther King Jr Dr, Pensacola, FL 32503

Invest in History! Charming Duplex at 1106 Dr Martin Luther King Jr Dr, Pensacola, FL 32503

Step into a piece of Pensacola’s past with this classic duplex, ideally located on the historic Dr. Martin Luther King Jr. Drive. Built in 1918, this unique property offers a generous 1,524 sqft of living space, featuring a total of 2 bedrooms and 1 bathroom – presenting a fantastic opportunity for investors or owner-occupants seeking rental income.

A Blend of History and Opportunity

This duplex exudes the character and charm of its era, offering original details alongside the potential for modern updates. Imagine restoring its historical grandeur while enjoying the benefits of a prime Pensacola location. The substantial square footage provides ample room for comfortable living in each unit (exact configuration to be confirmed with showing/floor plan), making it an attractive option for tenants.

Prime Pensacola Location

Situated on a prominent street, 1106 Dr Martin Luther King Jr. Drive offers convenient access to all that Pensacola has to offer:

• Downtown Pensacola: Explore the vibrant historic district with its unique shops, acclaimed restaurants, cultural attractions, and lively nightlife.
• Waterfront Access: Close proximity to Pensacola Bay and its many recreational opportunities.
• Pensacola Beach: Just a short drive to the stunning sugar-white sands and emerald waters of the Gulf Coast.
• Local Amenities: Easy access to schools, parks, and essential services.

This location combines historic charm with urban convenience, making it highly desirable for renters and residents alike.

Exceptional Investment Potential

Priced at $184,900, with an estimated refinance payment of approximately $977/month, this duplex presents an outstanding investment opportunity:

• Income-Generating Asset: Live in one unit and rent out the other to offset your mortgage, or rent both units for dual income streams.
• Appreciating Area: Invest in a historic and continually developing part of Pensacola with strong rental demand.
• Historic Charm: Properties from this era are increasingly sought after for their unique character.

Don’t miss this rare chance to own a piece of Pensacola’s heritage with significant income potential!