$599,000
For Sale

141 Cheri Lane

Panama City, FL 32404
9 beds | 8.00 baths | #955951
Browse 22 photos
Type:Purchase
Structure:House
Zone:Residential

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

  • Interior Details
      • InteriorFloor Tile, Furnished - None, Newly Painted, Renovated
    • Beds & Baths
      • Bathrooms8.00
      • Bedrooms9
  • Property Details
      • Exterior MaterialsRoof Composite Shngl, Siding CmntFbrHrdBrd, Siding Wood
      • Lot FeaturesCleared, Dead End, Interior, Level
    • Measurements
      • Lot Size135x84
  • Construction Details
      • Property TypePurchase
      • StyleFourplex
    • Condition
      • Year Built1984
  • Utilities / Energy Details
      • EnergyAC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
    • Utility
      • Utility FeaturesElectric, Public Sewer, Public Water
  • Community and Neighborhood Details
      • SubdivisionNo Named Subdivision
    • Location
      • Middle SchoolRutherford ( Middle )
      • High SchoolRutherford
      • Elementary SchoolParker
  • Financial Details
      • Taxes Annual$5,447
      • Taxes Annual Year2023
  • Other
      • MLS #955951

Location

Doug MurphyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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