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Listed price in listed location currency (USD).
$275,000

440

MLS® 795519

Overview

Key Facts

Type Duplex
Levels Residential
Size -
Garage 
Taxes $2,835
Days Active 0
Lot Size 0.23 Acres
Approx. Age 1947
MLS® Number 795519

Property Address: 209 Sherman Avenue, Panama City, FL, 32401

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

Description

INVESTMENT OPPORTUNITY -- FOUR FULLY OCCUPIED RENTAL UNITS! 209 Sherman Ave features four currently occupied apartment units, generating $750 per unit per month, or $3, 000 in gross monthly rental income / $36, 000 annually. Each unit is individually metered. Owner-reported utilities average approximately $250/month. Property taxes are approximately $2, 500 annually. The property consists of two buildings on approximately 0.23 acres with off-street parking. Built in 1947, the property offers an established rental setup with four income-producing units in a convenient Panama City location. Strong opportunity for an investor seeking existing rental income and an occupied multifamily property. Buyer to verify all unit count, square footage, room dimensions, rental income, expenses, utility arrangements, taxes, insurance, zoning, permits, property condition and all other information deemed important by buyer.
MLS® Number795519
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1947
Basement
Driveway
Garage Spaces
Heat
A/CWindow Units

Extras

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