$220,000
$225,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
2,880 SqFt
SOLD DATE : 10/30/2020
Key Details
Sold Price $220,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $76
Subdivision Highland City
MLS Listing ID 701029
Sold Date 10/30/20
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1977
Annual Tax Amount $1,109
Tax Year 2019
Lot Size 0.650 Acres
Acres 0.65
Property Description
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Investment Opportunity! Fully rented and managed Quadplex (2 Structures) with New Roof, new flooring, and well maintained. All units are identical size.Centrally Located in Panama City on a large lot. Only 15 Minutes to Tyndall Air Force Base or Panama City Beach, and only 10 Minutes to downtown Panama City. Each Unit has a detached storage area with laundry. Separate utilities, city water and sewer, and on dead-end street. Approximately 5% Cap Rate, Financials, management company, and other info available upon request. 2 Units Rented at $625 per month, 2 Units Rented at 675 per month. Tenants pay all utilities.Don't delay, Call Today!All measurements and calculations are approximate, buyer to verify all info
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Cooling Window Unit(s)
Furnishings Unfurnished
Fireplace No
Appliance Electric Water Heater, Oven, Refrigerator
Exterior
Exterior Feature Storage
Garage Driveway
Utilities Available Sewer Connected, Water Connected
Waterfront No
Roof Type Shingle
Parking Type Driveway
Building
Entry Level One
Level or Stories One
Schools
Elementary Schools Cedar Grove
Middle Schools Mowat
High Schools Bay
Others
Tax ID 12530-010-020
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Listed As-Is
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