$475,000
$485,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,068 SqFt
SOLD DATE : 08/04/2023
Key Details
Sold Price $475,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,068 sqft
Price per Sqft $154
Subdivision Field S/D
MLS Listing ID 925508
Sold Date 08/04/23
Bedrooms 8
Full Baths 4
Construction Status Construction Complete
HOA Y/N No
Year Built 1979
Annual Tax Amount $3,190
Tax Year 2022
Lot Size 0.440 Acres
Acres 0.44
Property Description
Discover this investment gem: a quad-plex consisting of two duplexes, each unit consists of 2 bed 1 bath. Unit D has been modernized a few years ago with brown cabinets, newer AC/Heat and Unit C receiving fresh updates in April 2023 with white shaker cabinets, LVP flooring and a new AC/Heat. Units A & B hold potential for value-add opportunities, but both have newer AC/Heat plus the water heaters are less than 10 years old. Situated in a tax-favorable opportunity zone, this property also boasts proximity to Eglin and Hurlburt AFB, offering a strategic advantage. Units A,B, and D are all month to moth tenants, Unit C lease expires in April 2024.
Location
State FL
County Okaloosa
Area 12 - Fort Walton Beach
Zoning Resid Multi-Family
Rooms
Kitchen First
Interior
Interior Features Floor Laminate, Floor Tile
Appliance Dishwasher, Range Hood, Refrigerator, Stove/Oven Electric
Exterior
Pool None
Utilities Available Electric, Phone, Public Sewer, Public Water, TV Cable
Private Pool No
Building
Lot Description Interior, Level
Story 1.0
Structure Type Block,Concrete,Siding Wood
Construction Status Construction Complete
Schools
Elementary Schools Wright
Others
Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
Financing Conventional
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Bought with Coldwell Banker Realty
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