$369,000
$369,000
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4 Beds
2 Baths
1,920 SqFt
SOLD DATE : 01/10/2024
Key Details
Sold Price $369,000
Property Type Single Family Home
Sub Type Split Level
Listing Status Sold
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $192
Subdivision High Grove Plantation
MLS Listing ID 935509
Sold Date 01/10/24
Bedrooms 4
Full Baths 2
Construction Status Construction Complete
HOA Y/N No
Year Built 1981
Annual Tax Amount $3,067
Tax Year 2022
Lot Size 7,405 Sqft
Acres 0.17
Property Description
***INVESTORS 8.04% CAP RATE *** ''Duplex'' style Split Level Unit*** NEW ROOF, NEW HVAC, NEW HWH to be paid by Seller at closing. One unit occupied at $1,790 / month, one unit Vacant for buyer/owner; or Seller will PLACE TENANT FOR YOU prior to closing. This property represents a phenomenal opportunity for someone to offset cost of living by renting one unit and living in the other, OR, to simply pull a true 8%++CAP RATE which is not so common anymore. Each unit features its own full kitchen, full bath, and Privacy Fenced Back Yard. Equally, each unit has ample areas in which a New Owner may ''force appreciate'', or perform minor updates to greatly INCREASE RENT! This unique property holds great opportunity for the right Investor / Owner. Call TODAY to schedule a show!
Location
State FL
County Okaloosa
Area 12 - Fort Walton Beach
Zoning Resid Single Family
Rooms
Kitchen First, Second
Interior
Interior Features Floor Tile, Floor WW Carpet, Furnished - None, Lock Out, Washer/Dryer Hookup
Appliance Dishwasher, Dryer, Range Hood, Refrigerator, Stove/Oven Electric, Washer
Exterior
Exterior Feature Balcony, Deck Enclosed, Fenced Back Yard, Fenced Cross, Fenced Privacy, Rain Gutter, Yard Building
Pool None
Utilities Available Electric, Public Sewer, Public Water, TV Cable
Private Pool No
Building
Lot Description Cleared, Dead End, Interior, Level
Story 2.0
Structure Type Block,Roof Dimensional Shg,Siding Vinyl,Trim Wood
Construction Status Construction Complete
Schools
Elementary Schools Kenwood
Others
Energy Description AC - 2 or More,AC - Central Elect,Double Pane Windows,Heat - Radiant Floor,Heat - Two or More,Heat Cntrl Electric,Water Heater - Elect
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