2881 E Johnson Ave, Pensacola, FL 32514
Local realty services provided by:ERA American Real Estate
2881 E Johnson Ave,Pensacola, FL 32514
$530,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: zachary cooper, zachary cooper
Office: grand realty, inc.
MLS#:676129
Source:FL_PMLS
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Price summary
- Price:$530,000
About this home
This fully occupied, professionally managed 4-unit multi-family property offers a strong investment opportunity with approximately $52,800 in annual gross rental income. The property is well maintained and features a new roof installed in 2022, along with numerous system and interior upgrades completed between 2024 and 2025. Recent improvements include 3 new A/C systems, 3 new water heaters 1 brought up to code, flooring, appliances, and interior updates across multiple units. Two units feature three bedrooms and one bath, while the remaining two units offer two bedrooms and one bath. Each unit includes a private rear storage and laundry area, and fencing between units provides additional tenant privacy. The property is conveniently located less than twenty minutes from Pace, local shopping centers, and the airport, and benefits from quality, long-term tenants. This is a stabilized asset ideal for an investor looking to add a well-updated multi-family property to their portfolio. Please do not disturb residents. Information deemed reliable but not guaranteed; buyers and agents to verify. Garbage, Water and Lawncare is provided....
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Home facts
- Year built:1984
- Listing ID #:676129
- Added:151 day(s) ago
- Updated:June 16, 2026 at 06:12 AM
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1984
- Lot Features:Central Access
- Construction Materials:Brick, Frame
- Levels:1 Story
Schools
- High school:Pine Forest
- Middle school:FERRY PASS
- Elementary school:Ferry Pass
Finances and disclosures
- Price:$530,000
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