1517 Clay (Two Duplexes) Avenue , A & B

Description

Welcome to the opportunity to purchase two duplexes (4 units) located in St. Andrews. These well-maintained and professionally managed duplexes are located in the sought-after St. Andrews area of Panama City, FL have provided consistent and stable cash flow! These two charming duplexes (4 units) present a fantastic investment opportunity with their convenient location, strong rental demand and desirable features.Each unit offers two bedrooms and one bathroom, with a spacious living room, open kitchen, central heat & air, washer and dryer hook up (each unit) that provides comfortable and functional living spaces. The brick facades exude functional appeal and durability, and the fenced backyards ensure privacy and an excellent outdoor space for tenants and pets.Situated on a corner lot, the duplexes offer dedicated off-street parking, adding to the convenience and easy access to residents' front doors. Recent updates include new roofs and privacy fences installed in 2019. The long-term tenants and consistent occupancy history showcase the strong demand for quality apartment homes in this area.Residents will appreciate the prime location, as these duplex buildings are close to several grocery stores, retail areas on W 15th St & 23rd Street, St. Andrews restaurants, hospitals, and area employers, offering easy access to everyday necessities and amenities.Currently, the rents are below market at $800/month, but similar St. Andrews apartment units are achieving $1,100 to $1,200 in the current market, making these duplexes an enticing investment opportunity with the potential for increased rental income.Don't miss this chance to own these income-generating duplex apartment homes in the desirable St. Andrews area of Panama City.