Ancon, Panama City, Panama

Located just 15 minutes from Albrook, this four-story residential building offers strong rental income potential in a convenient, well-connected area. Set on a paved street with flat terrain, the property’s mix of studio and duplex apartments makes it an attractive option for those looking to capitalize on steady rental income.

Property Details:

• Building Layout: The property includes 13 bedrooms and 13 bathrooms. On the ground floor, there are four studio apartments, each with one bedroom and one bathroom. The second floor features four duplex apartments, each with two bedrooms and two bathrooms. Additionally, a small house with a private patio and storage area is included, offering extra flexibility.

• Common Areas: The building includes a shared laundry room with washers and dryers, providing convenience for tenants.

• Parking and Security: Each apartment is assigned one parking spot. The property is fully enclosed, offering privacy and security for residents.

Income Potential:

This property generates approximately $70,000 annually in rental income. The operating costs range from $8,000 to $10,000 per year, covering maintenance, gardening, and other services. Insurance for the property costs $900 annually, and property taxes are approximately $4,000 per year.

Availability:

Currently, two units—one on the ground floor and one on the first floor—are available for rent. All other units, including the small house, are fully leased.

Why This Property Stands Out:

The location of this building in Paraiso offers easy access to Albrook and surrounding areas. The building’s diverse unit mix, with both studio and duplex apartments, allows for broad tenant appeal. The included small house adds further value, either as an additional rental unit or for private use.

About the Area:

Paraiso is a quiet and accessible area, with close proximity to shopping centers, schools, and essential services. Its location ensures easy access to Albrook and nearby transportation hubs, making it a convenient area for residents.

Contact Information

Please contact Casa Solution for more information or to visit this Four-story building for Sale in Paraiso, Ancon, Panama with 13 units. Ideal for investment with steady rental income

If you're looking to buy real estate in Paraiso, Ancon, Panama City or properties anywhere in Panama, please take a look at our page for buyers, and if you're considering selling your real estate in Panama please visit our page for sellers.

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