Income Property Building for Sale
Income Property Building for Sale PH Moliterno Rio Abajo
Rio Abajo / Via España, Río Abajo, Panama City
USD1,600,000
10
20
800.0 m²
8
About this Income Property Building
Excellent income-producing building for sale in Rio Abajo, Panama City. PH Moliterno was completely remodeled in 2020 with three floors and 30 rental apartments. Features approximately 800 m² construction on 1,200 m² lot, 10 bedrooms and 20 bathrooms in total, 8 parking spaces, balconies, pool, balcony access, tiled floors and 2.6m ceiling height. Generates around 9% annual yield with low HOA of only $340/month. Prime location near Via España and Transístmica, ideal for rental portfolio or multi-family development. Modern upgrades, secure entrance, efficient layout for tenants. Asking $1,600,000 negotiable. Perfect turnkey investment with immediate cash flow potential. Contact Casa Nova Realty Panama and Maria Lopez today to learn more or schedule a viewing.
Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 5uQjK6A.
Key Features
- Remodeled income property with 30 apartment units
- 3 floors construction
- Balconies and windows for ventilation
- Secure gated entrance with parking
- Dedicated laundry areas
- Pool access for tenants
- High investment return rate ~9%
- Low maintenance fees
- Strategic growth location
Detailed Features
Kitchen
Finishtile backsplashes, modern sinks
RemodeledYes
Bedrooms
Bedroom 1
- natural light
- balcony access
- tiled floors
Bathrooms
Bathroom 1
- walk-in showers
- modern toilets
- tile walls
Laundry
- communal laundry facility
Outdoor
PoolYes
Property Details
TypeIncome Property Building
CategoryCommercial Residential Investment
Size800 m²
Lot Size1200 m²
Bedrooms10
Bathrooms20
Parking8
FurnishedNo
Pets AllowedNo
Price/m²USD2,000.00 / m²
Listing ID5uQjK6A
Year Built2020
PH Moliterno Amenities
Parking Lot
8 secure parking spaces for residents.
Balconies
Balconies on many units for fresh air and views.
Swimming Pool
Building offers pool ideal for tenants leisure.
Laundry Facilities
Dedicated laundry areas on premises.
Security Gate
Controlled access for safety.
Low Maintenance Costs
Efficient utilities with $340/month HOA approx.
Location & Nearby
Neighborhood Highlights
- Close to Via España and Via Transístmica arteries
- Established residential neighborhood Rio Abajo
- Near supermarkets, public transportation, and schools
- Investment hotspot with stable rental demand
Nearby Landmarks
- Metro Via Fernandez de Cordoba (800m)
- Super 99 Supermarket (300m)
- University of Panama (2 km)
- Parque Lefevre (1 km)
- Tocumen International Airport (15 minutes)