1005 Georgia Avenue, Panama City, FL 32404

Property Description

This is a great investment residential duplex in east Panama City.This is a CBS block building with stucco finish and it has a metal roof installed in 2019. It is a two unit multifamily with 2 bedrooms and a single bath in each unit. The units are all ceramic tile with the exception of the bedrooms which have vinyl plank flooring. Spacious closets are in both units. Each unit has a spacious laundry room and the appliances include refrigerators, ranges, microwaves, washer and dryers. Additionally each unit is on separate utilities. The property is in nice condition and the owner reports of no known repairs are currently necessary.It has long time residents that are on month to month rentals. The building sits on over an acre of property measuring 150X300. There is a huge 24X32 barn on the rear of the property with plenty of room for storage. This is nice investment property with good cash flow potential. Although this is a duplex property it could easily be remodeled into a single family residence on a large property at a great price. Please call to show and allow a minimum of 24 hours notice to show.