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116 Springfield Avenue

Panama City, FL 32401
  • $579,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 738264
UPDATED: 54 min ago
$579,000
  • 6
    BEDS
  • 0.31
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 2,748
    SQFT
  • $211
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1952
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

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.

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© 2023 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Counts Real Estate Group. Data last updated: 2023-04-02T08:03:55.307.
www.countsbeachhomes.com/homes/137463690
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116 Springfield Avenue Panama City, FL 32401

  • Price: $579,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 54 min ago
  • MLS #: 738264
6
Beds
6
Baths
0
½ Baths
0.31
Acres
2,748
SQFT
$211
$/SQFT
1952
Built
Neighborhood:
[No Recorded Subdiv]
County:
Bay
Area:
Bay County-Central
Elementary School:
Cherry Street
Middle School:
Rutherford Middle
High School:
Rutherford
Property Description
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.
Exterior Features

Construction Materials BrickVinyl Siding Exterior Features Porch Foundation Details Slab Garage YN No Lot Features Corner Lot Patio And Porch Features CoveredPorch Road Frontage Type City Street Road Surface Type Paved Roof Shingle

Interior Features

Appliances Electric CooktopElectric OvenElectric Water HeaterRefrigeratorTankless Water Heater Cooling Window Unit(S) Cooling YN Yes Flooring PlankVinyl Furnished Unfurnished Interior Features New Paint Laundry Features Washer HookupDryer Hookup Parking Features Driveway

Property Features

Association YN No Community Features Short Term Rental Allowed Documents Available Disclosure(S)Seller's Property Disclosure Lease Term 36 Months Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFha Lot Size Dimensions 154X100x154x101 Occupant Type Occupied Property Condition Updated/Remodeled Property Sub Type Multi Family Property Sub Type Additional Multi Family Senior Community YN No Sewer Public Sewer Special Listing Conditions Listed As-Is Utilities Electricity AvailableSewer AvailableWater Available Water Source Public Waterfront YN No Zoning Description Resid Multi-Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Era Neubauer Real Estate, Inc: (850) 872-3434. Listing information © 2023 Central Panhandle Association of Realtors MLS.


© 2023 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Counts Real Estate Group. Data last updated: 2023-04-02T08:03:55.307.
 
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Counts Real Estate Group
2104 Thomas Drive
Panama City Beach FL, 32408