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Coastal Vibes Luxury Realty
5138 Lance Street, Panama City, FL 32404
- $425,000
- 6
- BD
- 6
- BA
- List Price
- $425,000
- MLS#
- 796036
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Triplex
- Bedrooms
- 6
- Bathrooms
- 6
- Lot Size
- 7,380
- Neighborhood
- Bay - Central SE
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
- Acres
- 0.17
- Appliances
- Electric Oven, Electric Range, Electric Water Heater
- Elementary School
- Parker
- High School
- Rutherford
- Interior Features
- Tub Shower
- Lot Dimensions
- 82x90
- Lot Features
- Paved
- Middle School
- Rutherford Middle
- Neighborhood
- Bay - Central SE
- Stories
- 2
- Subdivision
- Wh Parker
- Utilities
- Electricity Available
- Year Built
- 1984
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Listing courtesy of CENTURY 21 Commander Realty.