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  • 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
  • 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%
Property Features
Appliances
  1. ElectricRange
  2. ElectricWaterHeater
  3. Refrigerator
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Covered Spaces
  1. 0.00
Furnished
  1. Unfurnished
Garage Spaces
  1. 0.00
High School
  1. Bay
Insurance Expense
  1. 0.00
Legal Description
  1. DRUMMOND & WARE ADD LOTS 10
  2. 11 BLK 32 ORB 4442 P 2255 MAP 79D2
Living Area
  1. 2163.00
Middle School
  1. Jinks
Area Major
  1. 02 - Bay County - Central
Net Operating Income
  1. 0.00
Occupant Type
  1. Occupied
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 28069-000-000
Pet Deposit
  1. 0.00
Property Type
  1. Residential
Roof
  1. Metal
School Elementary
  1. Lucille Moore
Security Deposit
  1. 0.00
Tax Year
  1. 2024
The Range
  1. 0.00
Trash Expense
  1. 0.00
Unit Number
  1. A
  2. B
  3. C&D
Utilities
  1. CableConnected
Views
  1. 44
Year Built
  1. 1942