$101,000
$119,900
15.8%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Panama City, FL 32404
8 Beds
4 Baths
2,960 SqFt
Key Details
Sold Price $101,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,960 sqft
Price per Sqft $34
Subdivision Lane Mobile Home Est U-1
MLS Listing ID 616866
Sold Date 02/26/15
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1978
Property Sub-Type Quadruplex
Property Description
TWO DUPLEX BUILDINGS - (4 Total Apartments) - Each apartment is 2BR/1BA (740+/- Sq Ft each). Recently PRICE REDUCED - now each apartment valued under $30K...at current rents this property could pay for itself in 6 years or less! Centrally located off Transmitter Road with handy access to Hwy 98 (15th St) or Hwy 231. Stucco w/stone accent construction, shingle roofs, concrete drive/parking pads. Laundry Hook-ups in each unit. [As of 2/10/2015: 3 units are rented....Apt D recently vacated - installing new flooring - owner says there is tenant in the wings awaiting unit prep] - All Electric - TENANT'S PAY OWN UTILITIES (elec/water/sewer/garbage)...Owner only provides monthly lawn maintenance - as needed. Current (Bay County) tax assesed value is over $100,000. An owner occupant
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Appliance Electric Range, Refrigerator
Laundry Washer Hookup, Dryer Hookup
Exterior
Parking Features Guest
Utilities Available Sewer Connected, Water Connected
Roof Type Composition,Shingle
Building
Lot Description Level
Entry Level One
Level or Stories One
Schools
Elementary Schools Springfield
Middle Schools Rosenwald
High Schools Rutherford
Others
Tax ID 11954-907-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Listed As-Is
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Bought with CENTURY 21 Commander Realty