Springfield Ave Panama City FL 32401

Description

Welcome to Panama City, Florida, the perfect place to call home.

Are you looking for a great investment opportunity? Look no further! This amazing property offers six single family one bedroom efficiency floor plans, all on one corner lot. All units have been completely renovated down to the studs and include new electrical, plumbing, sheetrock, roofs, windows, doors, and appliances, as well as heating and air conditioning window units, new kitchens and bathrooms.

These units are like new, and offer incredibly low maintenance costs for many years to come. Currently, the units rent for $800.00 per month, and all of the leases are less than a year old, with most being a few months old. This is an incredible opportunity to manage six rental properties on one lot.

The property is also conveniently located close to the Arizona Chemical Company, Eastern Shipbuilding, and a variety of other job opportunities. With a total of 6 beds, 6 baths, and 2962 sqft, this property is sure to fit in many portfolios, and is an excellent investment for a 1031 exchange.

If you’re looking for a great investment opportunity, take advantage of this amazing property! Contact us today to schedule your appointment and learn more.