2635 Arden AVE Active Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32405
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision No Named Subdivision
MLS Listing ID 779044
Year Built 1957
Lot Size 0.900 Acres
Property Sub-Type Multi Family
Property Description
RENTAL PORTFOLIO! Turn-key residential rental portfolio in the quickly growing Panama City market. Consisting of 6 units total (237 Helen Ave 5 units & 2635 Arden Ave) this unique opportunity is a rare find. Units stay consistently full and are professionally managed. Seller is offering incredible owner financing terms: 3.95% interest, 30 year amortization, 3 year balloon, 35% down payment. Please do not disturb tenants.
Rental info (unit sizes approximate):
237 Helen Ave:
Unit A 850 sqft 2/1 rent $995
Unit B 850 sqft 2/1 rent $995
Unit C 1000 sqft 2/1 recently vacant, on market for $1,150
Unit D 1700 sqft 4/2 rent $1,295
Unit E 1000 sqft 2/1.5 rent $1,295 single family
2635 Arden Ave 1600 sqft 4/1.5 + den rent is $1950
Location
State FL
County Bay
Area 02 - Bay County - Central
Schools
Elementary Schools Cedar Grove
Middle Schools Mowat
High Schools Bay
Others
Acceptable Financing Cash
Listing Terms Cash