Property
Beds
7
Full Baths
7
1/2 Baths
None
Year Built
1984
Sq.Footage
2,520
This 1.275-acre parcel is ready for a savvy investor who is ready to CASH FLOW! This property offers 3 units, 2 rented at $1,600/month with the potential to rent the third unit for a total of $2,350/month! Zoning is R-2 and allows for single family homes or duplexes for future development. Each unit is currently on its own well/septic and the property previously had a 4th unit on site. This MULTI-FAMILY opportunity is a great option for investors who want to cash flow from day 1 and hold the property for future development. Positioned in the Bayou George/Youngstown area of Panama City, Florida - this property is located with a few miles of Publix, restaurants, schools and a sports complex. All information provided must be verified by Buyer, if important. Property is occupied by tenants. Please do not disturb tenants.
Features & Amenities
Interior
-
Total Bedrooms
7
-
Bathrooms
7
Area & Lot
-
Lot Size(acres)
1.27
-
Property Type
Residential
-
Architectural Style
Mobile Home
Exterior
-
Garage
No
Financial
-
Sales Price
$140,000
-
Zoning
Resid Multi-Family
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Location
County
Bay
Elementary School
Deer Point
Middle School
Merritt Brown
High School
Mosley
Listing Courtesy of Carly K Sostheim , Corcoran Reverie SRB
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Broker Associate
CherylChamblee
Call Cheryl today to schedule a private showing.
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