Discover a lucrative investment opportunity in the vibrant Republic of Panama.This spacious quadruplex is ideal for retirees and investors seeking steady rental income. The property consists of three large units, each featuring 3 bedrooms, a separate living room, separate dining room, equipped kitchen, bathroom, balcony, and high ceilings, renting for approximately $350 per month each, plus one smaller unit with a living room, 1 bedroom, and a modern bathroom, renting for approximately $200 per month. Key features include front parking, a backyard with avocado trees, and a total constructed area of approximately 250 m² on a 600 m² lot. The property is excellently located, just a 5-minute walk from República de Costa Rica School, El Chichemito, Rey Supermarket, the local market, Feullet Park, and the main avenue. Each unit has the potential to be expanded into a fourth bedroom, and there is also room for further expansion on the adjacent lot. This quadruplex offers an excellent monthly return and strong appreciation potential.
Listing courtesy of Global Terra Invest LLC. Contact:
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Agent: Juan C Ramos | Email: juan@affordablemiami.com