116 Springfield Avenue, Panama City, FL 32401
- 2,907 sqft
Multi-Family Home
Built in 1952
0.31acre lot
—— car garage
$206/sqft
Listed 11 months ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- December 21, 2024 at 06:00AM
- Listing Office:
- ERA Neubauer Real Estate Inc : 850-785-1551
- MLS ID:
- 766434
- Road/Access: City Street
- Originating MLS: CPAR_CPAR
- County: Bay
- Zoning: N MOORETOWN (1.15) LOTS 12 BLK 9 ORB 4686 P 91424226-000-000
- Utilities: Sewer Available
- Sewer: Public Sewer
- Source: CPAR_CPAR
This listing courtesy of ERA Neubauer Real Estate Inc
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Merriam Cherry Street Elementary School
1125 Cherry St, Panama City, FL, 32401
Grades PK-5
1.59 miles away
Margaret K. Lewis in Millville
203 N East Ave, Panama City, FL, 32401
Grades PK-12
0.45 miles away
Rutherford High School
1000 School Ave, Panama City, FL, 32401
Grades 6-12
1.37 miles away

