Property Listing No Longer Available for Sale

5229 Bertha Nelson, Panama City, FL

Multi-family for Sale - $249,900


Property Info

CIMLS#1013725
Location
  5229 Bertha Nelson
  Panama City FL 32404
UpdatedMay 22nd, 2018
TypeMulti-family
Price$249,900

Property Description

Close to Town!! Gross Potential Income is $53,500 annually or $4460 monthly. 7 Units (4 manufactured / Triplex). Addresses are: 5239, 5233, 5229, & 5225 Bertha Nelson Rd. Triplex rents for $600 ea. w/ elec, water, & garbage.Trailers rent for $700 (2 ea.), $660, & $600 w/ water & garbage. Parcel is 3.1 acres on a well maintained dirt road. Some maintenance required but homes are in good condition. Triplex is undergoing repairs and will be ready to rent in 45 days. Separate barn and a Pond. Manager lives on-site. This could be a cash cow to the right investor!


Financials