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Wade M. Berlin

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2635 Arden Avenue
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PRICED AT ONLY: $775,000

Address: 2635 Arden Avenue, Panama City, FL 32405

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
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  • MLS#: 779044 ( CommercialSale )
  • Street Address: 2635 Arden Avenue
  • Viewed: 7
  • Price: $775,000
  • Price sqft: $120
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 6433
  • Days On Market: 11
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
School Information
  • High School: Bay
  • Middle School: Mowat
  • School Elementary: Cedar Grove
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
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: HIGHLAND CITY (14.3) BEG 30' W & 30' S OF NE COR LOT 14 TH W 150' S 100' E 150' N 100' TO POB BLK 21 (SUBJ TO ESMT ORB 3634 P 835) ORB 4540 P 80
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Occupied
  • Parcel Number: 12467-000-000
  • Possible Use: Commercial
  • The Range: 0.00
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin