Panama City, FL 32401,116 Springfield AVE
Panama City, FL 32401,116 Springfield AVE
Panama City, FL 32401,116 Springfield AVE
Panama City, FL 32401,116 Springfield AVE
Panama City, FL 32401,116 Springfield AVE
Panama City, FL 32401,116 Springfield AVE
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$560,000

$579,000

3.3%
Est.Price: ?

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Est. payment /mo

6 Beds

6 Baths

2,748 SqFt


SOLD DATE : 04/24/2023

Key Details

Sold Price $560,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,748 sqft

Price per Sqft $203

Subdivision [No Recorded Subdiv]

MLS Listing ID 738264

Sold Date 04/24/23

Bedrooms 6

Full Baths 6

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1952

Lot Size 0.310 Acres

Acres 0.31

Property Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSWelcome 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

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 02 - Bay County - Central

Interior

Interior Features New Paint, Remodeled

Cooling Window Unit(s)

Furnishings Unfurnished

Fireplace No

Appliance Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator, Tankless Water Heater

Laundry Washer Hookup, Dryer Hookup

Exterior

Exterior Feature Porch

Parking Features Driveway

Community Features Short Term Rental Allowed

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Porch Covered, Porch

Building

Lot Description Corner Lot

Foundation Slab

Construction Status Updated/Remodeled

Schools

Elementary Schools Cherry Street

Middle Schools Rutherford Middle

High Schools Rutherford

Others

Senior Community No

Tax ID 24226-000-000

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash

Special Listing Condition Listed As-Is

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Listed by ERA Neubauer Real Estate, Inc
Bought with ERA Neubauer Real Estate Inc
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