Distressed Quad in Panama City – Cheri Ln. Panama City, FL 32757 Sold

  • $184,900
  • 3,888 sqft

Great upside opportunity with this multi-family property in Panama City. This two story building consists of (4) 2 bedroom, 1.5 bathroom townhomes, each with 972 square feet. The roof was replaced after last years hurricane and new drywall and interior paint have been completed as well. At $46k per door and a 14% APY once performing, this can be a solid deal for the right investor. We’re estimating an after repair value of $300,000.

Price:
$184,900
Address:
Cheri Ln.
Panama City, FL 32757
Square Feet:
3,888
Terms:
For Sale
Property Type:
Multi-family
Year Built:
1984
Basement:
$64,500
MLS #:
Rental: $3,800 mo. / $45,600 yr., Flip: $300,000

Call (407) 678-0062 for more details

Property Location