$615,000
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3900 W 17th st Panama City, FL 32401
Fourplex
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Attention investors and/or owner occupants. This excellent investment opportunity awaits you in the heart of Historic St. Andrews. Just two blocks from the Bay on a corner lot this property is zoned multifamily consisting of two structures; a single family home of 3,400 sqft with 4 bedrooms and 3.5 ...bathrooms, and a triplex with 3 one bedroom one bath apartments. Zoning and lot size allow for building additional units. Separate water and electric meters for both structures. The main home has a mother-in-law quarters that can also be separated to give a total of 5 rentals. Fiberglass pool with saltwater system Large lot with room for your ATV, boat or jet skis 2 car garage Rental income of $5500-$6500/month, excellent Cap rate of at least 8%
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MLS#
A11644090
Property Type
Fourplex
Year Built
1950
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