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Panama City,FL 32401
Key Details
Property Type Single Family Home
Sub Type Traditional
Listing Status Active
Purchase Type For Sale
Square Footage 2,907 sqft
Price per Sqft $208
Subdivision No Recorded Subdivision
MLS Listing ID 965132
Bedrooms 6
Full Baths 6
Year Built 1952
Lot Size 0.310 Acres
Property 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
Location
State FL
Zoning Resid Multi-Family
Exterior
Exterior Feature Porch,Renovated
Pool None
Utilities Available Electric,Public Sewer,Public Water
Building
Lot Description Cleared,Corner,See Remarks
Story 1.0
Structure Type Brick,Roof Dimensional Shg,Trim Vinyl
Schools
Elementary Schools Cherry Street