Excellent investment opportunity! This versatile property in Pensacola city limits offers a 3-bedroom, 2-bathroom main house with the potential to create a 1-bedroom, 1-bathroom apartment perfect for establishing a dual rental income stream. Both dwellings can easily have separate utilities, enhancing rental potential. Situated on nearly one acre, this expansive lot features mature trees, ample outdoor space, and beautiful spring-flowering camellia bushes in the front yard. Original hardwood flooring runs throughout the main house, including all bedrooms, adding character and timeless appeal. Enjoy outdoor relaxation on the covered porch overlooking the spacious backyard. Additional features include inside laundry and two sizable storage sheds equipped with electricity, providing practical solutions for storage or potential workshop space. Conveniently located, this property is minutes away from Cordova Mall, Sacred Heart Hospital, Baptist Hospital, Woodlands Medical Facility, shopping venues, and Pensacola International Airport. Don't miss out on this unique opportunity to maximize investment potential or create a multi-generational living space in a prime, central location.