Listing Details
- $250,000
- MLS# 1012259
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: EXP Realty LLC
Shown By
Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050
Home Value Estimate
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...read more
Features
- Wall/Window Unit(s)
- Floor Tile
- $2,835 Taxes
- Built in 1947
Gallery
Listed By
Agency Name: EXP Realty LLC
Shown By
Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050
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