$210,000
$225,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
6913 CHERRY ST #U, V, W, X Panama City, FL 32404
8 Beds
8 Baths
4,096 SqFt
Key Details
Sold Price $210,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,096 sqft
Price per Sqft $51
Subdivision [No Recorded Subdiv]
MLS Listing ID 663716
Sold Date 01/29/18
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Y/N No
Year Built 1985
Annual Tax Amount $1,876
Tax Year 2016
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Attention investors, great rental property. Four units U, V, W, and X. Each unit; two bedrooms upstairs; one full bath upstairs; half bath on lower level; kitchen on lower level; and living room on lower level. Each unit has an exterior washer/dryer room with a washer/dryer hookup. All four units have new roofs over the washer/dryer/storage area. Gross annual income of $34,260. Owner manages themselves and recognize a 12.3% cap rate and Potential Monthly gross multiplier of 76.7. Hurry, this property will not last!!!!
Location
State FL
County Bay
Area 02 - Bay County - Central
Rooms
Ensuite Laundry Washer Hookup, Dryer Hookup
Interior
Interior Features Storage
Laundry Location Washer Hookup,Dryer Hookup
Heating Central, Electric
Cooling Central Air, Electric
Furnishings Unfurnished
Fireplace No
Appliance Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Range Hood
Laundry Washer Hookup, Dryer Hookup
Exterior
Garage Driveway, Other
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront No
Roof Type Asphalt
Parking Type Driveway, Other
Building
Entry Level Two
Foundation Slab
Level or Stories Two
Schools
Elementary Schools Callaway
Middle Schools Rutherford Middle
High Schools Rutherford
Others
Tax ID 06499-010-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Listed As-Is
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Bought with Coastal Real Estate Group, Inc