522 N 7th Ave - Historic Multi-Family Investment Property 4 Unit Apartment Building Offered at $1,027,303 CAD at a 8.93% Cap Rate Pensacola, FL 32501

Fantastic opportunity for a “buy and hold” investor seeking immediate cash flow in a highly desirable downtown Pensacola location. This historically significant, income-producing property is ideal for a variety of investment strategies:
Short-Term Rental Operators: Capitalize on the fully furnished setup and proximity to downtown attractions and waterfront parks.
Mid-Term & Long-Term Investors: Diversify your portfolio with a turn-key fourplex generating stable income.
Lifestyle Investors / 1031 Exchange Buyers: Blend charm, cash flow, and long-term equity in a walkable, vibrant community.
With a strong rental history, architectural integrity, and included furnishings, this property offers plug-and-play efficiency in one of Pensacola’s most coveted neighborhoods.
One of Downtown Pensacola’s most iconic historic residences is now available for purchase. Originally built in 1885 and once home to Mrs. King, namesake of the East and West King Tracts, this beautifully preserved Folk Victorian-style building is nestled in the heart of the Old East Hill Neighborhood, just a short walk to the vibrant downtown core, waterfront parks, cultural venues, and award-winning restaurants.
Renovated & Maintained: Updated plumbing and four newer HVAC units in place.
Turn-Key Offering: Sale includes all furnishings
Owner Incentive: Seller will replace the roof with an acceptable offer.
Walkability & Lifestyle: Just minutes from festivals, the arts, waterfront, and Pensacola’s business core.
1885 Folk Victorian Architectural Features
Original hardwood flooring Tongue-and-groove ceilings
Exposed brick, beadboard walls & mantled fireplaces
Custom millwork and trim
11 FT Ceilings
Currently operating as a fully furnished, income-producing four-plex, the property features distinctive architectural elements throughout:
Investment Highlights: Income-Producing: Currently generating $93,577 annually through a mix of short, mid-term, and long rentals.