22 Bobolink St NE
- +/-2,816 SF total of buildings
- 6 units now with land space to add more
- Income Producing Investment
- Renovations in 2025
- Established Tenants
- Located in Fort Walton Beach
- 100% occupancy
Property Description
Income producing 6 plex. 3 one level duplexes with10 bedrooms and 6 Bathrooms total. Currently 100% occupied with 2-2025 NOI rents estimated at $69,840 annually. Established long term tenants with the longest tenant occupancy at 14+ years. Recent property updates include: New roof on buildings 1 and 3 (units A/B and E/F) - 2025 New plumbing (pipes / drains) buildings 2 and 3 (units C/D and E/F) - 2026 New refrigerators in units A, E, F - 2025/2026 New stoves in units B, D - 2025/2026 New A/C unit in unit B - 2025 New granite countertops unit C - 2025 New LVP flooring unit F - 2026.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $820,000 |
| No. of Units: | 6 |
| Year Built: | 1956 |
| Lot Size: | 0.40 Acres |
| Opportunity Zone: | No |
| Price per unit: | $136,667 |
| Property Website | Click Here |
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