Investor Alert! Prime Multi-Family Opportunity in the Heart of Springfield, FL
*Brand New AC units are being installed in all 3 units this week! Seller is also giving a $15,000 buyer concession!
This fully occupied triplex on 9th Street is a rare gem for any savvy investor. Strategically located in the very center of Springfield, this income-producing property sits just steps away from what will soon become the city's new civic hub. Directly across the street from the site of the under-construction City Hall, Fire Department, Police Station, and Public Works Facility, this property is poised for long-term appreciation and sustained rental demand.
Each of the three spacious units offers 2 bedrooms and 1.5 bathrooms—an ideal layout for working professionals and small families. Two of the units underwent full renovations in 2020, offering updated finishes, modern conveniences, and move-in-ready interiors. A new roof was installed in 2020, adding peace of mind and reducing maintenance concerns for years to come.
This property has a proven track record of consistent full occupancy, thanks to its desirable location and the area's strong workforce housing demand. With over 1,000 employees expected to occupy the new government complex by 2027 (with partial occupancy by 2026), the rental potential is only expected to grow.
Whether you're a seasoned investor expanding your portfolio or a new buyer seeking a high-demand rental location, this is an opportunity that should not be overlooked. The seller is motivated and ready to consider all serious offers—don't miss out!
Schedule your showing today and secure this high-potential property before it's gone!
Pending
Price cut: $47.9K (9/16)
$465,000
3746 E 9th St #3746-3748-3750, Panama City, FL 32401
2beds
936sqft
Est.:
Triplex, Multi Family
Built in 1983
-- sqft lot
$-- Zestimate®
$497/sqft
$-- HOA
What's special
- 154 days |
- 3 |
- 0 |
- Loading