BEDS9
BATHS5 full 3 partial
SQUARE FEET4,280
MLS#986541
STATUSActive
PROPERTY TYPEMulti Unit - Townhouse
SUBDIVISIONNo Named Subdivision
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.
Property Features
Property Type: Multi Unit - Townhouse
Cooling: Central Air
Heating: Central
Home Style: Fourplex
Lot Size: 0.26 Acres
Stories: 2.0
Taxes: $5,747
Year Built: 1984
Feature Descriptions
Appliances: Water Heater - Elect
Days on Site: 198
Exterior: Siding CmntFbrHrdBrd, Siding Wood
Financing Terms: Conventional, FHA, VA
Flooring: Floor Tile
Interior: Newly Painted
Lot: Cleared, Dead End, Interior, Level
Lot Dimensions: 135x84
Parcel Number: 25249-300-000
Property Condition: Renovated, Construction Complete
Road Surface: Paved
Rooms Total: 14
Sewer: Public Sewer
Sub Type: Attached Single Unit
Utilities: Electric, Public Water
Room Sizes
Living Room: 13 X 13 Level - First
Kitchen: 10 X 8 Level - First
Half Bathroom: 6 X 3 Level - First
Primary Bedroom: 13 X 9 Level - Second
Primary Bedroom: 13 X 9 Level - Second
Bedroom: 13 X 9 Level - Second
Bedroom: 13 X 9 Level - Second
Primary Bedroom: 13 X 9 Level - Second
Bedroom: 13 X 9 Level - Second
Primary Bedroom: 13 X 9 Level - Second
Bedroom: 13 X 9 Level - Second
Full Bathroom: 10 X 6 Level - Second
Full Bathroom: 10 X 6 Level - Second
Full Bathroom: 10 X 6 Level - Second
Local Schools
High School: Rutherford
Middle School: Rutherford ( Middle )
Elementary School: Parker
Listed By / Shown By
Listed By
Agency Name: Scenic Sotheby's International Realty
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 2,115.12 per month $1,446.62 Principal & Interest $478.92 Property Tax $189.58 Homeowner's InsuranceChange Payment Information
141 Cheri Lane | MLS# 986541
This multi-family property located at 141 Cheri Lane, Panama City, FL 32404 is currently listed for sale with an asking price of $650,000. Search Panama City real estate on www.realtymarkllc.com today.