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1902 Louise Avenue A,b,c&d, Panama City, FL 32405
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1902 Louise Avenue A,b,c&d
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Priced at Only: $499,900
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Address: 1902 Louise Avenue A,b,c&d, Panama City, FL 32405
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  • MLS#: 769731 ( Residential )
  • Street Address: 1902 Louise Avenue A,b,c&d
  • Viewed: 47
  • 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: 32
  • 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%
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 2163.00
  • Roof: Metal
School Information
  • High School: Bay
  • Middle School: Jinks
  • School Elementary: Lucille Moore
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Utilities: CableConnected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricRange, ElectricWaterHeater, Refrigerator
  • Furnished: Unfurnished
  • Legal Description: DRUMMOND & WARE ADD LOTS 10, 11 BLK 32 ORB 4442 P 2255 MAP 79D2
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Occupied
  • Parcel Number: 28069-000-000
  • The Range: 0.00
  • Unit Number: A, B, C&D
  • Views: 47
Nearby Subdivisions
[no Recorded Subdiv]   Ashland   Baldwin Rowe   Bayou Trace   Bayview Hgts Revised Replat   Camryn's Crossing   Candlewick Acres   Cedar Grove Heights   Cedar Grove Pk   Chandlee 3rd Add   Coastal Lands 2nd Add   College Village Unit 1   College Village Unit 3   Drummond & Ware Add   Edgewood   Floridian Place   Forest Hills Unit 3   Forest Park 2nd Add   Forest Park 4th Add   Forest Park 5th Add   Forest Park Estates   Greentree Heights   Harrison Place Sub-div   Hawks Landing   Hentz 1st Add Unit A   Hentz 1st Add Unit B   Highland City   Hillcrest   Horton Heights   Jakes Landing   Kings Point Harbour U-i Replat   Kings Point Harbour Unit 2   Kings Point Unit 6   Kings Ranch   Lake Marin   Mayfield   Meadowbrook Estates U-2   N Highland   No Named Subdivision   Northshore Phase I   Northshore Phase Ii   Northshore Phase Vii   Oaks Plantation   Oxford Place   Pine Tree Place Unit 1   Sheffields Add   Sherwood Unit 2   Sherwood Unit 5   Shoreline Properties#1   St Andrews Bay Dev Cmp   Sweetbay   The Woods Phase 2   Venetian Villa   Venetian Villa 1st Add Replat   Venetian Villa 2nd Add Replat   Wainwright Park  
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Headshot for Associate Christa L. Vivolo
  1. Christa L. Vivolo
  2. Tropic Shores Realty
  3. Office: 352.440.3552
  4. Mobile: 727.641.8349
  5. christa.vivolo@gmail.com