5138 Lance Street, Panama City, FL 32404

$425,000
6
BD
6
BA

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List Price
$425,000
Status
ACTIVE
MLS#
796036
Subtype
Residential
Year Built
1984
Bedrooms
6
Bathrooms
6
Full Baths
3
Half Baths
3
Lot Size
7,380
Acres
0.17
Subdivision
Wh Parker
Neighborhood
Bay - Central SE
MLS Area Major
Bay County - Central

Property Description

RARE TRIPLEX INVESTMENT OPPORTUNITY NEAR TYNDALL AIR FORCE BASE! Opportunities to own an entire triplex don't come along often. This property features three separate 2-bedroom, 1.5-bath units and is currently generating a combined $3,240 in monthly rental income. Each unit has a functional two-story layout with both bedrooms and a full bath upstairs, while downstairs features an open living, dining and kitchen area, half bath, interior laundry room and LVP flooring. Units B and C each have privacy-fenced backyards, while Unit A has a partially privacy-fenced backyard that opens toward the large pond with a water feature and views of the neighboring walking park. Each unit also includes two designated parking spaces. Conveniently located near Tyndall Air Force Base with access to area shopping, dining and everyday conveniences, this triplex provides an opportunity to add a multi-unit property to your investment portfolio with existing rental income already in place. Whether you're looking to expand your portfolio or secure a property with three income-producing units under one ownership, this one deserves a closer look. Call today to schedule a preview of this investment opportunity!

Additional Information

Interior Features
Tub Shower
Flooring
Plank, Vinyl
Appliances
Electric Oven, Electric Range, Electric Water Heater
Heating
Central, Electric
Air Conditioning
Central Air, Ceiling Fan(s)
Exterior Construction
Stucco, Wood Siding
Stories
2
Levels
Two
Roof
Composition, Shingle
Foundation
Slab
Elementary School
Parker
Middle School
Rutherford Middle
High School
Rutherford

Listing courtesy of CENTURY 21 Commander Realty.

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Calculator source: Real Geeks