Live the Gulf Life on Florida’s Emerald Coast

116 Springfield Avenue

Panama City, FL 32401

MLS#: 738264

$579,000

Status: Closed
Listing number: 738264
Listing provided by: ERA Neubauer Real Estate, Inc
Listing agent phone: None
Last update: a month ago
On site: 3 years ago
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[No Recorded Subdiv] - Residential

Property

Beds

6

Full Baths

6

1/2 Baths

None

Year Built

1952

Sq.Footage

2,748

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to your next investment property! This property allows you to add 6 single family units to your investment portfolio, grossing over $57,000 in income per year. Each unit features one bedroom, one spacious bathroom, as well as a living and kitchen area. All six properties have been completely remodeled down to the studs and all have individual water and electric meters, new 30-year Dimensional shingle roofs, new energy efficient windows, new sheetrock, new painting, new electrical wiring, new luxury vinyl plank flooring, and new kitchen cabinets and countertops. These units have a great Return on Investment and are easily maintained due to this meticulous remodel. All units are currently rented and are professionally managed by ERA Neubauer Property Management. Schedule your private viewing today with your favorite Realtor! The cleared lot next to this property (Parcel ID 24228-005-000) is also for sale where you can add more rental units if desired. Please see MLS 738324.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    6

  • Cooling YN

    YES

  • Cooling

    Window Unit(s)

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Vinyl Siding

  • Patio and Porch Features

    Covered, Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Paved

  • Lot Size(acres)

    0.31

  • Lot Size(square feet)

    13,460

  • Property Type

    Residential

  • Property Sub Type

    MultiFamily

Price

  • Sales Price

    $579,000

  • Zoning

    Resid Multi-Family

  • Sq. Footage

    2,748

  • Price/SqFt

    $210

HOA

  • Association

    No

School District

  • Elementary School

    Cherry Street

  • Middle School

    Rutherford Middle

  • High School

    Rutherford

Property Features

  • Foundation Details

    Slab

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

Cherry Street

Middle School

Rutherford Middle

High School

Rutherford

Listing Courtesy of Kaci A Hawes , ERA Neubauer Real Estate, Inc

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Agent Stacey Hagin

REALTOR®

Stacey Hagin

Call Stacey today to schedule a private showing.

(678) 449-4759

staceyhagin@gmail.com


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CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to your next investment property! This property allows you to add 6 single family units to your investment portfolio, grossing over $57,000 in income per year. Each unit features one bedroom, one spacious bathroom, as well as a living and kitchen area. All six properties have been completely remodeled down to the studs and all have individual water and electric meters, new 30-year Dimensional shingle roofs, new energy efficient windows, new sheetrock, new painting, new electrical wiring, new luxury vinyl plank flooring, and new kitchen cabinets and countertops. These units have a great Return on Investment and are easily maintained due to this meticulous remodel. All units are currently rented and are professionally managed by ERA Neubauer Property Management. Schedule your private viewing today with your favorite Realtor! The cleared lot next to this property (Parcel ID 24228-005-000) is also for sale where you can add more rental units if desired. Please see MLS 738324.

116 Springfield Avenue

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