FL > Panama City > Drummond & Ware Add
Panama City, FL 32405,1902 Louise AVE #A,B,C&D
Panama City, FL 32405,1902 Louise AVE #A,B,C&D
Panama City, FL 32405,1902 Louise AVE #A,B,C&D
Panama City, FL 32405,1902 Louise AVE #A,B,C&D
Panama City, FL 32405,1902 Louise AVE #A,B,C&D
Panama City, FL 32405,1902 Louise AVE #A,B,C&D
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Gentry Group

Gentry Group

+1(314) 472-3124
$ 498,900
Est. payment | /mo

6 Beds

4 Baths

2,163 SqFt

Save
$ 498,900
Est. payment | /mo
Save

6 Beds

4 Baths

2,163 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,163 sqft

Price per Sqft $230

Subdivision Drummond & Ware Add

MLS Listing ID 769731

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1942

Annual Tax Amount $5,910

Tax Year 2024

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Quadruplex

Property 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%

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Furnishings Unfurnished

Fireplace No

Appliance Electric Range, Electric Water Heater, Refrigerator

Exterior

Utilities Available Cable Connected

Roof Type Metal

Schools

Elementary Schools Lucille Moore

Middle Schools Jinks

High Schools Bay

Others

Tax ID 28069-000-000

Listed by Sand Seeker Realty LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(314) 472-3124

gentrygroupluxe@gmail.com

558 Gravois Rd, Fenton, MO, 63026, USA

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1902 Louise AVE #A,B,C&D