215 N MacArthur Avenue new Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32401
Key Details
Property Type Single Family Home
Sub Type Contemporary
Listing Status Active
Purchase Type For Sale
Square Footage 3,184 sqft
Price per Sqft $141
Subdivision Cove
MLS Listing ID 988363
Bedrooms 7
Full Baths 4
Construction Status Construction Complete
HOA Y/N No
Year Built 1945
Property Sub-Type Contemporary
Property Description
This property will sell quickly because of the tremendous investment income. Downstairs 1 bedroom / 1 bathroom apartment can be rented for $1000 per month. The upstairs 2 bedroom / 1 bathroom apartment can be rented for $1850 per month. $2850 per month in potential rental income - enough to cover your mortgage - so you get to live in the main home which boasts 4 bedrooms / 2 bathrooms and a generous 1756 square feet and rent the 2 apartments. The entire property is a whopping 3184 square feet on a 1/3 acre. There is a pool in the backyard that serves as an anchor for both the main home and two apartments. Tenants will pay extra for this type of amenity. Or, utilize both or one of the apartments for a mother-in-law quarters.
Location
State FL
County Bay
Area 27 - Bay County
Zoning Resid Single Family
Rooms
Kitchen First
Interior
Interior Features Floor Hardwood
Appliance Cooktop,Microwave,Stove/Oven Electric
Exterior
Parking Features Carport Attached,Garage Attached
Garage Spaces 2.0
Pool Community
Utilities Available Electric,Gas - Natural,Public Sewer,Public Water,TV Cable
Private Pool Yes
Building
Story 2.0
Construction Status Construction Complete
Schools
Elementary Schools Cherry Street
Others
Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Gas,Water Heater - Tnkls