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USAFLPanama CityNo Recorded Subdivision116 Springfield Ave
19-116-Springfield-Ave-1 | Image 1
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$599,997

116 Springfield Ave, Panama City, FL

House

For Sale

$--,---,---
660
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes 
Days Active 143
Lot Size 
Approx. Age 1952
MLS® Number 965132

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to a Turnkey Investment Opportunity! This fully remodeled property at 116 Springfield Ave 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. Professionally managed by ERA Neubauer Property Management, this property is an excellent addition to any investment portfolio. As an added bonus, the adjacent cleared lot (Parcel ID 24228-005-000) with mixed-use zoning is also listed for sale at 65, 000, (MLS 766435) providing an ideal opportunity for additional development or other creative uses. Schedule your private showing today with your preferred real estate professional!Show Description
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No Data
Walk Score®
-
No Data
Transit Score®
-
No Data
Bike Score®
MLS® Number965132
Laundry Level
Central VacNo
FireplaceNo
Acreage0.31
ExteriorPorch, Renovated
GarageNo
Approx. Age1952
Basement
Driveway
Garage Spaces
HeatWall/Window
A/CWall/Window Unit(s)
Heating Fuel

Extras

Rooms

Show Details
Living Room:First13 × 20 ft
Other:First8 × 13 ft

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