428 Mckenzie AVE new Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32401
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision [No Recorded Subdiv]
MLS Listing ID 763995
Year Built 1939
Lot Size 0.280 Acres
Property Description
Here's an opportunity to own a multi family property downtown on Massalina Bayou. AS IS. The property includes an 11 unit apartment building with 9 1 Bedroom/1 Bath units, a studio and a 2 bedroom unit. There was storm damage from Hurricane Michael on the west facing wall in which the 2 west units are down to the studs. Property also includes a 2/1 Single family residence on property which is just under 1200 sq feet. Roof was replaced in 2019. Price reflects the need for renovation and rehabilitation on the buildings. Currently 3 of the units are rented. Zoned Downtown District.
Location
State FL
County Bay
Area 02 - Bay County - Central
Exterior
Waterfront Yes
Waterfront Description Bayou,Gulf Access
View Bayou
Roof Type Metal
Building
Story 2
Schools
Elementary Schools Cherry Street
Middle Schools Jinks
High Schools Bay
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Listed As-Is