FL > Panama City > No Recorded Subdivision
Panama City, FL 32401
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Panama City, FL 32401
Panama City, FL 32401
Panama City, FL 32401
Panama City, FL 32401
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Mark Braddock

Mark Braddock

+1(850) 963-7333
$ 605,000
Est. payment /mo
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Panama City, FL 32401

6 Beds

6 Baths

2,907 SqFt

UPDATED:

12/22/2024 05:43 PM

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

Construction Status Construction Complete

HOA Y/N No

Year Built 1952

Lot Size 0.310 Acres

Acres 0.31

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

Interior

Interior Features Renovated, Washer/Dryer Hookup

Appliance Cooktop, Refrigerator, Stove/Oven Electric

Exterior

Exterior Feature Porch, Renovated

Pool None

Utilities Available Electric, Public Sewer, Public Water

Private Pool No

Building

Lot Description Cleared, Corner, See Remarks

Story 1.0

Structure Type Brick,Roof Dimensional Shg,Trim Vinyl

Construction Status Construction Complete

Schools

Elementary Schools Cherry Street

Others

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

Financing Conventional,Other

Listed by ERA Neubauer Commercial

Mark Braddock

Advisor | License ID: BK3295352

+1(850) 963-7333

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