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5229 BERTHA NELSON Panama City, FL 32404

  • 8,295 sqft
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Commercial-Active $ 249,900

MLS#: 661205

Courtesy of: Coldwell Banker Carroll Realty

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Description

Close to Town!! Gross Potential Income is $53,500 annually or $4460 monthly. 7 Units (4 manufactered / Triplex). Addresses are: 5239, 5233, 5229, & 5225 Bertha Nelson Rd. Triplex has rented for $600 ea. w/ elec, water, & garbage. All Trailers are 3 Bed. / 2 Bath. Two rent for $700 per month, 1ea for $660, & 1ea for $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 not currently rented and need some repairs however one unit was rented as recently as May 2017. Separate barn and a Pond. Max. Density is 5 per acre so depending on water availability possibility to expand to 15 units. Manager lives on-site. This could be a cash cow to the right investor!

Specifications


    Contract Info


  • 30.13

    Location


  • 0414 - Bay North - East Deerpoint/Bear Creek
  • None
  • No
  • Deer Point
  • Merritt Brown

    General Property Info


  • Residential Income
  • Construction Complete
  • 7
  • 6984
  • 1

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