1301 FRANKFORD AVE, Panama City, FL 32401
Residential property for sale
- Description
- 14 unit apartment complex, all units are 2 bedroom and 1 bath furnished with refrigerator, stove/oven with range hood, and dishwasher. All units do have a washer and dryer hook up. 13 of the 14 units are currently rented and generating $7,145 per month. One unit is undergoing renovations. Seller disclosed that the out of pocket expenses are: Insurance $5,400 annually, Garbage $70 per month, parking and security lighting $166 per month, annual property tax. There is a small office with a bath on building B. Per The City of Panama City the zoning on the 2.12 acre that are vacant is mixed use 3 which would per the city allow for multi-family units.
- Property Details
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Property Type: Multifamily Home Status: Available Price: $ 1,200,000 Buildings: 1 Added: 05/18/2014 Last Update: 06/14/2014 - Interior Features
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Bedrooms: 28 Bathrooms: 14 - Note
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