Prime Investment Opportunity in Panama City (Off Market)

For Sale, USD 650,000


141 Cheri Lane,

Property Type : Multi-Family Home

Property Style : 1 Level Ranch

Build Size : 4,280 ft² / 398 m²

Land Size : 11,325 ft² / 1,052 m² Convert Land Size

Bedroom : 9

Bathroom : 5

Half Bathroom : 3

MLS#: 955951


Property Description

This impressive two-story quadplex in Panama City presents a prime investment opportunity. Fully rented and generating $4,950 monthly, this eight-bedroom, nine-bathroom property spans more than 4,280 square feet of heated and cooled space. With a new roof, newer water heaters and updated interiors and exteriors, this property offers both stability and modern amenities. Comprising three two-bedroom, 1.5-bath units (972 square feet each) and one spacious three-bedroom, two-bath unit (1,364 square feet), this property is designed to attract and retain tenants. Each unit features updated flooring, refreshed kitchens and new paint throughout. The exterior has been similarly revitalized, ensuring excellent curb appeal. Ideal for investors and military personnel, this property is located in a great area, offering easy access to local amenities and services. With a new HVAC system and updated fixtures, this quadplex is fully equipped to continue generating reliable rental income.
More

Lifestyles

Aquatic Activities
Boating
Fishing
Golf
Ocean/Beach
Outdoor Activities
Resort
Suburban
Fly-in
Prime Investment Opportunity in Panama City, United States,Florida,Panama City is a 4,280ft² Panama City luxury Multi-Family Home listed for sale USD 650,000. This high end Panama City Multi-Family Home is comprised of 9 bedrooms and 5 baths. Find more luxury properties in Panama City or search for luxury properties for sale in Panama City.