For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $477,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,016 sqft
Price per Sqft $158
Subdivision Field S/D
MLS Listing ID 904096
Sold Date 08/25/22
Bedrooms 8
Full Baths 4
Construction Status Construction Complete
HOA Y/N No
Year Built 1979
Annual Tax Amount $2,815
Tax Year 2021
Lot Size 0.440 Acres
Acres 0.44
Property Description
Are you looking for passive income? Look no further!! This 4-plex unit has 4 units that are all 2 bedroom 1 bath, currently renting for a total of $3,400 a month with low maintenance. The roof was replaced in 2017 on the whole property. Electrical is all copper wiring. The AC units are 2012 or newer. Each unit has its own utility room with washer and dryer hook ups. The tenants pay all utilities. The property is located near two large military bases Eglin AFB and Hurlburt AFB. The property is also less than a mile from Walmart and Sam's club. This is the ideal location for a rental investment. Comparable units are renting for upwards of $1300 a month and more.
Location
State FL
County Okaloosa
Area 12 - Fort Walton Beach
Zoning Resid Multi-Family
Rooms
Kitchen First
Interior
Appliance Refrigerator, Stove/Oven Electric
Exterior
Pool None
Utilities Available Electric, Public Sewer, Public Water
Private Pool No
Building
Lot Description Interior, Level
Story 1.0
Structure Type Brick,Frame,Roof Composite Shngl
Construction Status Construction Complete
Schools
Elementary Schools Wright
Others
Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Realty ONE Group Emerald Coast