112 Alice St Tucked away on a quiet, two-block street just 10 minutes from the vibrant energy of Downtown Pensacola, this charming 4-bedroom, 2-bathroom cottage perfectly balances versatile living with fantastic outdoor space. Step past the fully fenced front yard and onto your large, screened front porch-the absolute perfect spot for your morning coffee. Inside, beautiful custom built-in shelving adds unique architectural character to the living and dining spaces. The thoughtfully designed split floor plan features a spacious, private rear master suite complete with its own direct exterior access. Outside, the expansive, fully fenced backyard is a rare find, featuring a massive concrete pad that provides the ultimate blank canvas for an outdoor entertainment zone, boat parking, or a detached workshop. INVESTOR AND OWNER-OCCUPANT FLEXIBILITY: The property is currently occupied by great tenants on a month-to-month lease, renting for $1, 800/month. The tenants would love to stay, making this a turnkey, income-producing asset from day one. However, they are also prepared to vacate prior to closing for a traditional homebuyer. Whether you are looking for a spacious personal residence close to the city center or a high-performing addition to your investment portfolio, 112 Alice St is ready for its next chapter. Home may qualify for down payment assistance. Contact to get pre-approved quickly and schedule your private tour today!