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2324 E 16th Court Panama City, FL 32405
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Key Details
Sold Price $230,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,464 sqft
Price per Sqft $157
Subdivision No Recorded Subdivision
MLS Listing ID 946006
Bedrooms 3
Full Baths 3
Year Built 1960
Property Description
TRIPLEX - GREAT RETURN ON INVESTMENT FOR AN INVESTOR THAT WANTS TO LIVE IN ONE AND RENT OUT TWO, OR RENT OUT ALL THREE FOR POSITIVE CASH FLOW. Seller is repositioning assets to purchase another property - so take advantage of this awesome opportunity offered at a VERY LOW PRICE. Upgrades to property have been made in the past couple of years. Each unit receives government supported (automatic) rent per month. First unit rent is $1,050 per month. Second unit rent is $1,000 per month. Third unit was receiving $1,100 per month but was just vacated so that showings are easy (each of the units are identical so you know what you are buying).
Location
State FL
County Bay
Area 27 - Bay County
Zoning Resid Multi-Family
Exterior
Pool None
Utilities Available Electric, Public Sewer, Public Water
Building
Story 1.0
Schools
Elementary Schools Cedar Grove
Read Less
Bought with Bay to 30A Realty