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  • Price$165,000
  • Beds2
  • Baths2
  • SQ. Feet972
  • Built1984

142 Cheri Lane, Panama City

Investment Opportunity: Income Producing Townhouse in Parker, FLMOTIVATED SELLER!!! BRING YOUR OFFER TODAY! **Property Overview:**Invest in a prime income-generating property with this charming 2-bedroom, 1.5-bathroom townhouse located in the desirable Parker, FL. Perfect for real estate investors seeking a hassle-free investment, this home comes with a reliable long-term tenant already in place and is set up on an established rental program.**Key Features:**- **New Roof, A/C, and Hot Water Heater (2022):** Recent updates ensure minimal maintenance and increased value.- **Steady Income:** Current tenant pays $1,275 per month, with a lease agreement secured until May 31st, 2025.- **Convenient Location:** Just 12 minutes from Tyndall Airforce Base, making it ideal for military personnel and families. Plus, enjoy easy access to nearby shopping centers and restaurants.**Investment Highlights:**- **Strong Rental History:** Consistent rental income from a long-term tenant.- **Low Maintenance Costs:** Recent upgrades to essential systems provide peace of mind.- **Strategic Location:** Proximity to major amenities and military base enhances rental appeal and long-term value.This townhouse offers a solid investment opportunity in a growing area. Don't miss out on adding this turnkey property to your real estate portfolio. Contact us today to learn more or schedule a viewing!All measurements are approximate, if important please verify to confirm.

Essential Information

  • MLS® #759812
  • Price$165,000
  • Bedrooms2
  • Bathrooms2.00
  • Full Baths1
  • Half Baths1
  • Square Footage972
  • Acres0.00
  • Year Built1984
  • TypeResidential
  • Sub-TypeAttached
  • StatusActive

Amenities

  • UtilitiesCable Available, Electricity Connected, Sewer Connected

Exterior

  • ExteriorVinyl Siding
  • RoofShingle
  • ConstructionVinyl Siding

Additional Information

  • Date ListedJuly 11th, 2024

Community Information

  • Address142 Cheri Lane
  • Area02 - Bay County - Central
  • SubdivisionParker Plat
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32404

Interior

  • AppliancesDishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • HeatingCentral
  • CoolingCentral Air, Ceiling Fan(s)

School Information

  • ElementaryParker
  • MiddleRutherford Middle
  • HighRutherford

Listing Details

  • Listing OfficeRE/MAX Freedom
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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service