116 Springfield Avenue Panama City, FL 32401
Listing Courtesy of: CENTRAL PANHANDLE / ERA Neubauer Real Estate, Inc. / Ron Wilson
$579,000
6
BED
6
BATH
2,962
SQFT

  116 Springfield Avenue Panama City, FL 32401

Active (144 Days)

Description

Six single family one bedroom efficiency floor plan homes, all on one corner lot. All have been completely renovate down to the studs. New electrical, plumbing, sheetrock, roofs, windows, doors, appliances, heating and air conditioning window units, new kitchen and bathes. These units are like new, very low maintenance costs for many years. These units rent out for $800.00 per month and all leases are less that a year old., most a few months old. Incredible opportunity to have six rental properties on one lot. Close to the Arizona chemical company, Eastern ship building and other job opportunities. Property will fit many portfolio's, also a great investment for 1031 exchange. Schedule your appointment.

MLS #:
731901
Taxes
$1,242(2021)
Lot Size
0.31 acres
Type
Multifamily
Year Built
1952
County
Bay County
Community
[No Recorded Subdiv]
Bathroom Details
  • Full Bathrooms: 6
Interior Features
  • Refrigerator
  • Electricwaterheater
  • Electricrange
  • Laundry: Dryerhookup
  • Laundry: Washerhookup
Subdivision
  • [no Recorded Subdiv]
Lot Information
  • Cornerlot
Heating and Cooling
  • Seeremarks
  • Other
  • Windowunits
Flooring
  • Vinyl
  • Plank
Exterior Features
  • Roof: Shingle
  • Roof: Composition
Utility Information
  • Utilities: Water Source: Public, Wateravailable, Seweravailable, Naturalgasavailable, Electricityavailable
  • Sewer: Publicsewer
School Information
  • Elementary School: Cherry Street
  • Middle School: Rutherford Middle
  • High School: Rutherford
Parking
  • Nogarage
  • Driveway
Living Area
  • 2,962 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.