Don't miss out on this exceptional investment opportunity to own a portfolio of five duplexes and a triplex, totaling 13 individual units. Nestled on almost an acre of land, these single-story properties enjoy a coveted location near Tyndall Air Force Base and downtown Panama City. Each unit provides convenience with two designated parking spaces and central HVAC system. Inside, tenants will appreciate the sleek, practical design featuring luxury vinyl plank flooring and up-to-date appliances, ensuring a comfortable and budget-friendly living experience. The duplexes, constructed in 2020, feature one-bedroom, one-bathroom layouts, while the spacious green duplex offers two-bedroom units, ideal for families or those desiring extra space. Meanwhile, the recently renovated triplex features three one-bedroom, one-bathroom units. This property is managed by a rental management company. Providing affordable housing options within a vibrant community, this investment opportunity promises a stable income and long-term potential for investors. All units are currently under annual leases.
Property Features
Bedrooms
- Bedrooms: 15
- Bedroom 1 Dimensions: 13.3 x 10.4
- Bedroom 2 Dimensions: 11.8 x 12
- Bedroom 3 Dimensions: 13.3 x 10.4
- Bedroom 4 Dimensions: 11.8 x 12
- Bedroom 5 Dimensions: 8.5 x 18.8
- Bedroom 6 Dimensions: 8.5 x 18.8
- Bedroom 1 Level: 1
- Bedroom 2 Level: 1
- Bedroom 3 Level: 1
- Bedroom 4 Level: 1
- Bedroom 5 Level: 1
- Bedroom 6 Level: 1
- Bedroom 1 Features: (2-bed units)
- Bedroom 2 Features: (2-bed units)
- Bedroom 3 Features: (2-bed units)
- Bedroom 4 Features: (2-bed units)
- Bedroom 5 Features: (1-bed units)
- Bedroom 6 Features: (1-bed units)
Bathrooms
- Total Bathrooms: 13
- Full Bathrooms: 13
Other Rooms
- Bedroom, Full Bathroom, Kitchen, Living Room
- Living Room: 9.8 x 19
- Living Room Level: 1
- Living Room Features: (1-bed units)
- Living Room: 9.8 x 19
- Living Room Level: 1
- Living Room Features: (1-bed units)
- Full Bathroom: 5 x 7.5
- Full Bathroom Level: 1
- Full Bathroom Features: (2-bed units)
- Full Bathroom: 5 x 7.5
- Full Bathroom Level: 1
- Full Bathroom Features: (2-bed units)
- Full Bathroom: 9.7 x 5
- Full Bathroom Level: 1
- Full Bathroom Features: (1-bed units)
- Full Bathroom: 9.7 x 5
- Full Bathroom Level: 1
- Full Bathroom Features: (1-bed units)
- Full Bathroom: 9.7 x 5
- Full Bathroom Level: 1
- Full Bathroom Features: (1-bed units)
- Full Bathroom: 9.7 x 5
- Full Bathroom Level: 1
- Full Bathroom Features: (1-bed units)
- Living Room Dimensions: 9.8 x 19
- Living Room Level: First
- Living Room Features: living/kitchen(1-bed units)
Kitchen and Dining
- Kitchen Dimensions: 12 x 17
- Kitchen Features: Kitchen / living (2-bed units)
- Kitchen Level: First
- 2nd Kitchen Dimensions: 12 x 17
- 2d Kitchen Features: (2-bed units)
- 2nd Kitchen Level: 1
Land Info
- Lot Size Acres: 0.96
- Lot Size Square Feet: 41818
School Information
- Elementary School: Cedar Grove
- High School: Bay
- Middle School: Mowat
Other Property Info
- Source Listing Status: Active
- County: Bay
- Directions: From Hwy 98 and Sherman, head North on Sherman, turn left at 17th Street. (5) Duplexes and (1) Triplex on the left just behind the commercial lot on the corner of Sherman & 17th Street.
- Source Property Type: Residential
- Area: 27 - Bay County
- Property Subtype: townhouse
- Source Neighborhood: No Named Subdivision
- Parcel Number: 14740-040-000, 020-010, 020-000, 022-000, 021-000
- Subdivision: No Named Subdivision
- Zoning: Resid Multi-Family
- Property Subtype: Attached Single Unit
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 7120
- Year Built: 2020
- Property Age: 4
- Levels or Stories: 1.0
- House Style: Duplex
- Year Built Details: Construction Complete
Utilities
- Electric
- Public Sewer
- Public Water
Home Features
- Energy: AC - Central Elect, Water Heater - Elect