119 College Avenue, Panama City 32401 (Active)
Listing Information
| Property Type: Attached Single Unit |
| MLS #: | 954778 | Price: | $769,000.00 | 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 11/23/2024 4:02:59 AM.
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.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2024. All rights reserved.
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