The BobbyJ Team

Triplex

2324 E 16th Court

Panama City, FL 32405

MLS#: 946006

$229,000

Status: Closed
Listing number: 946006
Listing provided by: Keller Williams Realty SRB
Listing agent phone: None
Last update: N/A
On site: 1 year, 11 months ago
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NO RECORDED SUBDIVISION - Residential

Property

Beds

3

Full Baths

3

1/2 Baths

None

Year Built

1960

Sq.Footage

1,464

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). Total gross monthly income is $3,150. Another government backed lease can be executed on third unit after closing with new buyer. Well-maintained triplex located in the heart of Panama City. The triplex is situation on a quarter acre lot. Roof is approximately 10 years old. Each unit has a window heating/air conditioning unit. Total heated/cooled square footage is 1,320 square feet. Each unit is approximately 440 square feet, one bedroom / one bathroom with living area and dine-in kitchen. Tenant is responsible for all maintenance and lawn upkeep.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    3

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Triplex

Price

  • Sales Price

    $229,000

  • Zoning

    Resid Multi-Family

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Cedar Grove

  • Middle School

    Mowat

  • High School

    Bay

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Bay

Elementary School

Cedar Grove

Middle School

Mowat

High School

Bay

Listing Courtesy of Mike Herring , Keller Williams Realty SRB

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Agent Bobby Johnson

Partner

Bobby Johnson

Call Bobby today to schedule a private showing.

(850) 865-7798

Bobbyj30a@gmail.com


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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). Total gross monthly income is $3,150. Another government backed lease can be executed on third unit after closing with new buyer. Well-maintained triplex located in the heart of Panama City. The triplex is situation on a quarter acre lot. Roof is approximately 10 years old. Each unit has a window heating/air conditioning unit. Total heated/cooled square footage is 1,320 square feet. Each unit is approximately 440 square feet, one bedroom / one bathroom with living area and dine-in kitchen. Tenant is responsible for all maintenance and lawn upkeep.

2324 E 16th Court

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