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215 Maine Avenue
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PRICED AT ONLY: $665,000

Address: 215 Maine Avenue, Panama City, FL 32401

Description

Investment Opportunity in Historic Millville!Located in the heart of Historic Millville, this income producing property includes two triplexes, offering a total of six units. The units consist of four 2 bedroom residences and two 1 bedroom residences, generating $75,600 in gross annual income with full occupancy. Each unit features adjacent parking and a small front open patio area for added convenience.The property has been well maintained, with a new roof installed in December 2018 and fresh exterior paint applied in recent years. Its location is just a short walk to St. Andrews Bay and the Millville Waterfront Park, providing tenants with easy access to scenic views and outdoor activities.Millville's rich history as a hub for lumber and shipbuilding in the late 1800s adds a charming backdrop to this investment. Rent rolls are available upon request.Schedule a showing today with your preferred real estate professional to explore this unique opportunity in a historic and charming location!

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More Like This
  • MLS#: 766432 ( CommercialSale )
  • Street Address: 215 Maine Avenue
  • Viewed: 8
  • Price: $665,000
  • Price sqft: $163
  • Waterfront: No
  • Year Built: 1980
  • Bldg sqft: 4080
  • Days On Market: 21

Description

Investment Opportunity in Historic Millville!Located in the heart of Historic Millville, this income producing property includes two triplexes, offering a total of six units. The units consist of four 2 bedroom residences and two 1 bedroom residences, generating $75,600 in gross annual income with full occupancy. Each unit features adjacent parking and a small front open patio area for added convenience.The property has been well maintained, with a new roof installed in December 2018 and fresh exterior paint applied in recent years. Its location is just a short walk to St. Andrews Bay and the Millville Waterfront Park, providing tenants with easy access to scenic views and outdoor activities.Millville's rich history as a hub for lumber and shipbuilding in the late 1800s adds a charming backdrop to this investment. Rent rolls are available upon request.Schedule a showing today with your preferred real estate professional to explore this unique opportunity in a historic and charming location!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
  • Roof: Shingle
School Information
  • High School: Bay
  • Middle School: Jinks
  • School Elementary: Cherry Street
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans, Electric
  • Heating: Central, Electric
  • Sewer: PublicSewer
  • Utilities: ElectricityAvailable, SewerAvailable, WaterAvailable
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
  • Trash Expense: 0.00
Other Features
  • Legal Description: HOLMES ADD LOT 1 BLK 7 ORB 4492 P 2020 MAP 105D4
  • Levels: One
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Occupied
  • Parcel Number: 22862-000-000
  • The Range: 0.00
Nearby Subdivisions
[no Recorded Subdiv]   E Springfield   Ellis, E.d.   Glenwood Addition   Holmes Add- Millville   No Named Subdivision   Shermans Add   Springfield   St Andrews Harbour   Sudduths 1st Add   Sunnyland Heights   Ware Estate  
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