816 Lark Street, Unit 5, 6, 7, 8 Fort Walton Beach, FL 32547

PRICED AT $695,000

Listing Details

  • $695,000
  • MLS# 976432
  • Type Multi Unit - Townhouse
  • Status Active
  • 9 Bedrooms
  • 6 full Bathrooms
  • 3,322 Square Feet
  • 0.430 acres Lot Size
  • 1982 Year Built

Description

Prime Investment Opportunity - Owner financing is available with $500,000 down, a 6.5% interest rate, 30-year amortization, and a 3-year balloon payment. Seize this rare chance to acquire a fully occupied, income-producing multi-family portfolio delivering strong cash flow and outstanding long-term investment potential. Situated in a desirable county location, the property provides potential tax advantages and added flexibility for management and future ownership.This portfolio includes two parcels (816 & 818 Lark St - see MLS #976434) with four single-story duplexes, totaling eight rental units. Seven units offer 2 bedrooms, 1-bathroom,...read more

Features

  • Refrigerator
  • Smoke Detector
  • Stove/Oven Electric
  • Water Heater - Elect
  • Central Air
  • Floor Tile
  • Floor WW Carpet
  • 1.0 Story
  • $4,008 Taxes
  • Built in 1982
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All Property Features

  • Property Type: Multi Unit - Townhouse
  • Appliances: Refrigerator, Smoke Detector, Stove/Oven Electric, Water Heater - Elect
  • Cooling: Central Air
  • Days on Site: 414
  • Exterior: Brick, Trim Wood
  • Exterior: Yard Building
  • Financing Terms: Conventional, FHA
  • Flooring: Floor Tile, Floor WW Carpet
  • Garage: 1 car attached
  • Home Style: Duplex
  • Lot Description: Interior, Level
  • Lot Size: 0.43 Acres
  • Parcel Number: 26-1S-24-0950-0003-0040
  • Parking: See Remarks
  • Patio/Porch: Patio Covered, Porch Open
  • Property Condition: Construction Complete
  • Road Frontage: County Road
  • Road Surface: Paved
  • Rooms Total: 11
  • Sewer: Public Sewer
  • Stories: 1.0
  • Sub Type: Attached Single Unit
  • Taxes: $4,008
  • Utilities: Electric, Public Water
  • Year Built: 1982