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Home\Real Estate\Search Results\116 Springfield Avenue, Panama City, FL 32401

116 Springfield Avenue, Panama City, FL 32401

#766434

CommercialSale

Built in 1952

$599,997

Photos Details Location Questions

Details

Welcome to a Turnkey Investment Opportunity! This fully remodeled property at 116 Springfield Ave (2021) 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. This property is an excellent addition to any investment portfolio.
GENERAL
Real Estate Type CommercialSale
Full Bathrooms 0
Half Bathrooms 0
One Quarter Bathrooms 0
Three Quarter Bathrooms 0
Lot Size 0
Real Estate Sub Type MultiFamily
Square Feet 2,907
Stories 0
Year Built 1,952
Lot Size Units Acres
Lot Size Area 0
Agent Key 27,028,936
Agent MLS Id B1509
Office Key 5,952,010
Source System Name Central Panhandle Association of REALTORS®
Source System Id TRESTLE
Office Phone 850-785-1551
Elevation 0
Parcel Number 24226-000-000
Number Of Units Total 0
Tax Legal Description N MOORETOWN (1.15) LOTS 1
2 BLK 9 ORB 4686 P 914
Special Listing Conditions ListedAsIs
Internet Address Display True
Internet Automated Valuation Display True
Agent Name Heather H Neubauer
Agent Email [email protected]
Agent Cell 850-774-2832
Agent Office 850-785-1581
Broker Id BENB
Office Name ERA Neubauer Real Estate Inc
Listing Contract Date 12/21/2024
Status Active
BUILDING
Construction Brick
VinylSiding
Fireplace False
Parking Total 0
Utilities SewerAvailable
WaterConnected
Private Pool False
Spa False
LOCATION
Subdivision [No Recorded Subdiv]
Directions From Bay Medical Center
head south on North Bonita Ave. for approximately .2 miles. Turn left on Bus-US 98. Continue for approximately 1.6 miles and take a right onto Everitt Ave. Proceed approximately .6 miles and take a left on E First Court. Proceed to second street (700 ft) and take a left onto Springfield Ave. Property will be on the corner lot on the right
County Bay
Waterfront False
SCHOOLS
Elementary School Cherry Street
Middle School Everitt
High School Rutherford

Questions

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