Search Results -> 119 College Avenue, Panama City

119 College Avenue, Panama City 32401 (Active)

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Listing Information

Property Type: Attached Single Unit

MLS #:	954778	Price:	$779,000.00	Year Built:	1925
Square Feet:	5222	Bedrooms:	15	Bathrooms:	9 Full
HOA Fees:	Not available	Lot Size:	0.41 acres	Lot Dimensions:	179 x 120 x 179 x 120

Subdivision: No Recorded Subdivision

Description:

Welcome to 119 College Ave., a property that presents an incredible investment opportunity with stable income generation from 6 rental units in a well-maintained and newly remodeled setting. All 6 units generate approximately $85,800 in gross annual income. This property is nestled on a large corner lot (.4 acres) and does not require flood insurance as it is in `X`` flood zone. All buildings have newer 30-year dimensional shingle roofs that were installed in 2019. The primary rental house, consisting of 3 rental units (8 bedrooms and 5 bathrooms), has undergone a comprehensive remodel and was taken down to the studs and built back up with the finest attention to detail. It boasts a large front porch, three new HVAC units, and new kitchens equipped with brand-new appliances.

Photos

Features

Sale Type: Accept Backup Offers

Construction/Siding: Roof Dimensional Shg, Siding Vinyl

Exterior Features: Patio Covered, Porch, Renovated

Interior Features: Newly Painted, Renovated, Washer/Dryer Hookup

Appliances: Cooktop, Refrigerator, Stove/Oven Electric

Utilities: Electric, Public Sewer, Public Water

Energy: AC - 2 or More, AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect

Financing: Conventional, Other

Lot/Parcel Access: City Road, Paved Road

Lot Features: Cleared, Corner

Zoning: Resid Multi-Family

Schools

Elementary School:

Cherry Street

Middle School:

Jinks

High School:

Bay

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This listing provided courtesy of ERA Neubauer Commercial.
This information was last updated on 9/5/2024 11:53:06 PM.

All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
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