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1902 Louise Avenue A,b,c&d, Panama City, FL 32405
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1902 Louise Avenue A,b,c&d
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Priced at Only: $498,900
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Address: 1902 Louise Avenue A,b,c&d, Panama City, FL 32405
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  • MLS#: 769731 ( Single Family )
  • Street Address: 1902 Louise Avenue A,b,c&d
  • Viewed:
  • Price: $498,900
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1942
  • Bldg sqft: 0
  • Bedrooms: 6
  • Total Baths: 4
  • Full Baths: 4
  • Days On Market: 55
Description
This is a scarce opportunity. Two duplexes, Buildings C and D, two bedroom, one bath, and Buildings A and B, one bedroom, one bath, are for sale together. There are four water and four electric meters; all utilities are separate. These two buildings have fully remodeled plumbing, electricity, roofs, water heaters, and floors, with effective dates 2012 and 2020.ACs and water heaters are 4 to 5 years old. All units come with washer and dryer connections.This quadplex collects 4,045.00 dollars, almost $50,000 a year. All leases is due to increase when it's time to renew.Great opportunity for owner occupier.FHA!! gross income at the current rate is $48,500.00 Insurance is $4000 Taxes are $5,673.36 Vacancy and Maintenance at 5% is $2425 Net Operating income is $36,401.64 CAP Rate is 7.2%
Description
This is a scarce opportunity. Two duplexes, Buildings C and D, two bedroom, one bath, and Buildings A and B, one bedroom, one bath, are for sale together. There are four water and four electric meters; all utilities are separate. These two buildings have fully remodeled plumbing, electricity, roofs, water heaters, and floors, with effective dates 2012 and 2020.ACs and water heaters are 4 to 5 years old. All units come with washer and dryer connections.This quadplex collects 4,045.00 dollars, almost $50,000 a year. All leases is due to increase when it's time to renew.Great opportunity for owner occupier.FHA!! gross income at the current rate is $48,500.00 Insurance is $4000 Taxes are $5,673.36 Vacancy and Maintenance at 5% is $2425 Net Operating income is $36,401.64 CAP Rate is 7.2%
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Features
Nearby Subdivisions
[no Recorded Subdiv]   Ashland   Azalea Place   Baldwin Rowe   Bayou Trace   Camryn's Crossing   Candlewick Acres   Cedar Grove Pk   Chandlee 3rd Add   Coastal Lands 2nd Add   College Village Unit 1   College Village Unit 3   Delwood Estates Ph 1   Drummond & Ware Add   E.l. Wood   Edgewood   Floridian Place   Forest Hills Unit 3   Forest Park 4th Add   Forest Park 5th Add   Forest Park Estates   Frankford Point   Harrison Place Sub-div   Hawks Landing   Hentz 1st Add Unit A   Hentz 1st Add Unit B   Highland City   Hiland Heights   Hillcrest   Horton Heights   Jakes Landing   Kings Point 1st Add   Kings Point 6th Add   Kings Point Harbour U-i Replat   Kings Point Harbour Unit 2   Kings Point Unit 6   Lake Marin   Mayfield   Meadowbrook Estates U-2   N Highland   No Named Subdivision   Northshore Islands   Northshore Phase I   Northshore Phase Ii   Northshore Phase Vii   Oxford Place   Pine Tree Place Unit 1   Sheffields Add   Sherwood Unit 2   Sherwood Unit 5   Shoreline Properties#1   St Andrews Bay Dev Cmp   Stanford Place Unit 3   Sweetbay   The Woods Phase 2   Tupelo Court   Venetian Villa   Venetian Villa 1st Add Replat   Venetian Villa 2nd Add Replat   Wainwright Park  

Contact Info

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  1. Tropic Shores Realty
  2. 352.684.7371
  3. tropicshoresrealty@gmail.com