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141 Cheri Lane

Panama City, FL 32404
  • $650,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 955951
UPDATED: 34 min ago
$650,000
  • 9
    BEDS
  • 0.26
    ACRES
  • 5
    BATHS
  • 3
    1/2 BATHS
  • 4,280
    SQFT
  • $152
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1984
County:
Bay
Area:

School Information

Elementary School:
Middle School:
High School:

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.

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© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Coastal Connection at eXp Realty. Vendor Member number: 28178. Data last updated: 2024-09-13T10:05:16.023.
Vendor Member #28178.
www.thecoastalconnectionpropertysearch.com/homes/153171030
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141 Cheri Lane Panama City, FL 32404

  • Price: $650,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 34 min ago
  • MLS #: 955951
9
Beds
5
Baths
3
½ Baths
0.26
Acres
4,280
SQFT
$152
$/SQFT
1984
Built
Neighborhood:
No Named Subdivision
County:
Bay
Area:
Bay County
Elementary School:
Parker
Middle School:
Rutherford ( Middle )
High School:
Rutherford
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.
Exterior Features

Architectural Style Fourplex Carport YN No Construction Materials Roof Composite ShnglSiding CmntFbrHrdBrdWood Siding Lot Features ClearedDead EndInteriorLevel Lot Size Dimensions 135x84 Pool YN No Road Surface Type Paved

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Interior Features Floor TileFurnished - NoneNewly PaintedRenovated Rooms Total 14

Property Features

Buyer Financing ConventionalFHAVA New Construction YN No Pool Type None Property Condition Construction Complete Property Sub Type Attached Single Unit Special Listing Conditions Accept Backup Offers Tax Amount 5447.05 Tax Year 2023 Utilities ElectricPublic SewerPublic Water Zoning Resid Multi-Family

Listing courtesy of Scenic Sotheby's International Realty: 850-231-6052.


© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Coastal Connection at eXp Realty. Vendor Member number: 28178. Data last updated: 2024-09-13T10:05:16.023.
Vendor Member #28178.
 
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