, Panama City 32401 (Active)

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Listing Information

Property Type: Detached Single Family
MLS #: 965132 Price: $605,000.00 Year Built: 1952
Square Feet: 2907 Bedrooms: 6 Bathrooms: 6 Full
HOA Fees: Not available Lot Size: 0.31 acres Lot Dimensions: 154x100x154x101

Subdivision: No Recorded Subdivision

Description:

Welcome to a Turnkey Investment Opportunity!This fully remodeled property at 116 Springfield Ave offers six detached single-family units, each featuring one bedroom, one spacious bathroom, a living area, and a kitchen. These units, completely updated in 2021, are fully occupied and generating $61,500 in annual gross income with rent rolls available. The updates include new (2021) 30-year dimensional shingle roofs, energy-efficient windows, updated electrical wiring, fresh sheetrock, paint, and luxury vinyl plank flooring, as well as new kitchen cabinets and countertops. Each unit is individually metered for water and electricity, ensuring efficient management. Professionally managed by ERA Neubauer Property Management, this property is an excellent addition to any

Photos

Features

Sale Type: Accept Backup Offers

Construction/Siding: Roof Dimensional Shg, Trim Vinyl

Exterior Features: Porch, Renovated

Interior Features: Renovated, Washer/Dryer Hookup

Appliances: Cooktop, Refrigerator, Stove/Oven Electric

Utilities: Electric, Public Sewer, Public Water

Energy: AC - Window/Wall, Heat - Wall/Window

Financing: Conventional, Other

Existing Leases: 1 - 3 Years

Lot/Parcel Access: City Road, Paved Road, See Remarks

Lot Features: Cleared, Corner, See Remarks

Zoning: Resid Multi-Family

Schools

Elementary School: Cherry Street Middle School: Everitt High School: Rutherford

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This listing provided courtesy of ERA Neubauer Commercial.
This information was last updated on 12/26/2024 10:02:51 PM.

All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2024. All rights reserved.


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