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Looking for value, location, and opportunity all in one? This charming 2-bedroom/1-bathroom cottage in Pensacola's well-established Edgewater neighborhood offers the ideal foundation for your vision-whether you're ready to personalize a forever home or add to your investment portfolio. Just down the street from Juanita Williams Park and Bayou Chico, this home offers convenient access to a waterfront walking path, community center, playground, and fishing pier-all just minutes from NAS and the VA hospital. Inside, you'll find nearly 1,000 square feet of potential with a fresh coat of interior paint, a central living/dining space, and hardwood floors waiting to be uncovered beneath existing carpet. The kitchen connects to a spacious indoor laundry room that could easily serve as an additional breakfast nook or storage area. The two bedrooms are outfitted with modern ceiling fans, and the full bath has been recently updated with a new shower enclosure, pedestal sink, and commode. The oversized lot is fully fenced with double gate access, ideal for pets, play, or entertaining under the shade of mature trees. A storage shed and block patio add utility, while covered front porch area provides additional outdoor space. Key system upgrades are already in place, including updated electrical panel, central HVAC (new in 2022 with recent ductwork replacement), a metal roof over the porch, and a 2017 gas water heater. The home is currently on septic, but sewer is available at the street for future connection. Offered at an accessible price point, this property invites creativity and vision in a prime location-close to everything, yet tucked into a peaceful residential setting. The groundwork is set. All that's missing is your personal touch.