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- 1902 Louise Avenue A,b,c&d, Panama City, FL 32405
- MLS#: 769731 ( Residential )
- Street Address: 1902 Louise Avenue A,b,c&d
- Viewed: 44
- Price: $499,900
- Price sqft: $0
- Waterfront: No
- Year Built: 1942
- Bldg sqft: 0
- Bedrooms: 6
- Total Baths: 4
- Full Baths: 4
- Days On Market: 28
- Additional Information
- Geolocation: 30.1829 / -85.7093
- County: BAY
- City: Panama City
- Zipcode: 32405
- Subdivision: Drummond & Ware Add
- Elementary School: Lucille Moore
- Middle School: Jinks
- High School: Bay
- Provided by: Sand Seeker Realty LLC
- DMCA Notice
-
DescriptionThis 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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Similar
Property Features
Appliances
- ElectricRange
- ElectricWaterHeater
- Refrigerator
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Covered Spaces
- 0.00
Furnished
- Unfurnished
Garage Spaces
- 0.00
High School
- Bay
Insurance Expense
- 0.00
Legal Description
- DRUMMOND & WARE ADD LOTS 10
- 11 BLK 32 ORB 4442 P 2255 MAP 79D2
Living Area
- 2163.00
Middle School
- Jinks
Area Major
- 02 - Bay County - Central
Net Operating Income
- 0.00
Occupant Type
- Occupied
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 28069-000-000
Pet Deposit
- 0.00
Property Type
- Residential
Roof
- Metal
School Elementary
- Lucille Moore
Security Deposit
- 0.00
Tax Year
- 2024
The Range
- 0.00
Trash Expense
- 0.00
Unit Number
- A
- B
- C&D
Utilities
- CableConnected
Views
- 44
Year Built
- 1942

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