116 Springfield Avenue Panama City, FL 32401
Listing Courtesy of: CENTRAL PANHANDLE / ERA Neubauer Real Estate, Inc. / Kaci Hawes
$579,000
6
BED
6
BATH
2,748
SQFT

  116 Springfield Avenue Panama City, FL 32401

Active (169 Days)

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.

MLS #:
738264
Lot Size
0.31 acres
Type
Multifamily
Year Built
1952
County
Bay County
Community
[No Recorded Subdiv]
Bathroom Details
  • Full Bathrooms: 6
Interior Features
  • Tanklesswaterheater
  • Refrigerator
  • Electricwaterheater
  • Electricoven
  • Electriccooktop
  • Laundry: Dryerhookup
  • Laundry: Washerhookup
  • Newpaint
Subdivision
  • [no Recorded Subdiv]
Lot Information
  • Cornerlot
Property Features
  • Foundation: Slab
Heating and Cooling
  • Windowunits
Flooring
  • Vinyl
  • Plank
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Public, Wateravailable, Seweravailable, Electricityavailable
  • Sewer: Publicsewer
School Information
  • Elementary School: Cherry Street
  • Middle School: Rutherford Middle
  • High School: Rutherford
Parking
  • Driveway
Living Area
  • 2,748 sqft
Location
   
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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.