428 McKenzie Avenue Panama City, FL 32401

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.