2525 Michigan Court
Panama City, FL 32405
880 sqft | 2 beds | 2 baths | 0.09 acres | #770629
Description
Looking for a hassle-free investment property with immediate rental income? This charming 2-bedroom, 2-bathroom home at 2525 Michigan Ct, Panama City, FL is already leased to great tenants, making it the perfect turnkey opportunity!Situated in a convenient location near shopping, schools, and entertainment, this well-maintained home features central air and heating and an attached garage. The brick exterior and shingle roof add to its durability, ensuring long-term value.With steady rental income of $1,500/month, low property taxes, and an estimated 8.6% cap rate, this is a fantastic addition to any investor's portfolio. Don't miss out on this income-producing property in a growing market!
Property Details
- SubdivisionNo Named Subdivision
- Elementary SchoolLucille Moore
- StyleContemporary
- Property TypePurchase
- Original List Price$210,000
- Property SubtypeDetached
- Taxes Annual$1,092
- MLS #770629
- Cost205000
- MLS #770629
- Middle SchoolJinks
- Acres0.09
- Year Built1986
- Square Feet880
- High SchoolBay
- CountyBay
- Days on Market (Cumulative)30
- Bedrooms2
- Bathrooms2
- Full Baths2
- Parking Spaces1
Location
Legal
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Last Updated: . Source: CPAR
Listing Courtesy
Listing Agent: Travis Crisp (#B5597)
Listing Office: LSI REALTY & MANAGEMENT LLC (#LSIR)
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