Panama City, FL 32401,116 Springfield Avenue
Panama City, FL 32401,116 Springfield Avenue
Panama City, FL 32401,116 Springfield Avenue
Panama City, FL 32401,116 Springfield Avenue
Panama City, FL 32401,116 Springfield Avenue
Panama City, FL 32401,116 Springfield Avenue
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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 Single Family Home

Sub Type Traditional

Listing Status Sold

Purchase Type For Sale

Square Footage 2,748 sqft

Price per Sqft $203

Subdivision No Recorded Subdivision

MLS Listing ID 918285

Sold Date 04/24/23

Bedrooms 6

Full Baths 6

Construction Status Construction Complete

HOA Y/N No

Year Built 1952

Lot Size 0.310 Acres

Acres 0.31

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.

Location

State FL

County Bay

Area 27 - Bay County

Zoning Resid Multi-Family

Interior

Interior Features Newly Painted, Renovated, Washer/Dryer Hookup

Appliance Refrigerator, Stove/Oven Electric

Exterior

Exterior Feature Patio Covered, Porch

Pool None

Utilities Available Electric, Public Sewer, Public Water

Private Pool No

Building

Lot Description Corner

Story 1.0

Structure Type Brick,Roof Dimensional Shg,Trim Vinyl

Construction Status Construction Complete

Schools

Elementary Schools Cherry Street

Others

Energy Description AC - Window/Wall,Water Heater - Tnkls

Financing Conventional,FHA

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Listed by ERA Neubauer Commercial
Bought with ERA Neubauer Commercial
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