143 N Claire AVE Active Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32401
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision No Named Subdivision
MLS Listing ID 750407
Year Built 1947
Lot Size 7,405 Sqft
Property Description
6-Unit Income Property in Panama City, FL Welcome to 143 Claire Avenue, a prime investment opportunity in Panama City, Florida. This well-maintained property features six units, each offering a fantastic source of long-term rental income. Key Features: Steady Income Stream: With an impressive annual revenue exceeding $60,000, this property is a reliable and lucrative source of long-term rental income. Updated Interiors: Recently renovated units showcase modern upgrades and thoughtful design, providing tenants with comfortable and contemporary living spaces. The updates enhance the overall appeal of the property, making it an attractive option for potential renters. Prime Location: Conveniently located in Panama City, residents enjoy easy access to local amenities, schools, parks, and employment centers. The property's strategic location adds to its desirability and ensures a steady demand for rental units. Low Vacancy Rates: The property's strong rental history and the demand for housing in the area contribute to consistently low vacancy rates, providing investors with peace of mind and a stable return on investment. Well-Maintained Exterior: The exterior of the property is meticulously maintained, creating a welcoming and attractive curb appeal. A well-kept property not only appeals to potential tenants but also adds to the overall value of the investment. Measurements are approximate buyer must verify if important.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Cooling Central Air,Electric
Exterior
Utilities Available Sewer Available,Water Available
Waterfront No
Roof Type Shingle
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Cherry Street
Middle Schools Everitt
High Schools Rutherford
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Listed As-Is