141 Cheri Ln, Panama City, FL 32404
- $650,000
- 9
- BD
- 8
- BA
- 4,280
- SqFt
- List Price
- $650,000
- Status
- ACTIVE
- Days on Market
- 133
- MLS#
- 986541
- Subtype
- Residential
- Style
- Fourplex
- Year Built
- 1984
- Bedrooms
- 9
- Bathrooms
- 8
- Full Baths
- 5
- Half Baths
- 3
- Living Area
- 4,280
- Lot Size
- 11,325
- Acres
- 0.26
- Subdivision
- No Named Subdivision
- Neighborhood
- Bay - Central SE
- MLS Area Major
- Bay County
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.
Additional Information
- Interior Features
- Newly Painted
- Taxes
- $5,747
- Property Description
- Fourplex
- Zoning
- Resid Multi-Family
- Flooring
- Tile
- Appliances
- Electric Water Heater
- Heating
- Central
- Air Conditioning
- Central Air
- Stories
- 2
- Roof
- Composition
- Elementary School
- Parker
- High School
- Rutherford
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Listing courtesy of Scenic Sotheby's International Realty.
Vendor Member Number : 28166