143 N Claire AVE Active

Panama City,FL 32401

$ 375000

1 Bed

1 Bath

1612 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,612 sqft

Price per Sqft $232

Subdivision No Named Subdivision

MLS Listing ID 750404

Bedrooms 1

Full Baths 1

Year Built 1947

Annual Tax Amount $492

Tax Year 2022

Property Description

: 6-Unit Income Property in Panama City, FLWelcome 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

Community Short Term Rental Allowed

Area 02 - Bay County - Central

Interior

Cooling Central Air,Ductless

Exterior

Fence Partial

Community Features Short Term Rental Allowed

Utilities Available Sewer Connected,Water Connected

Waterfront No

Schools

Elementary Schools Cherry Street

Middle Schools Rutherford Middle

High Schools Rutherford

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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