Courtesy of , Gary Bartlett Real Estate
Property Description
This is a great opportunity for potential investors and landlords! The 17 unit complex with 3 bedroom and 3 bathroom each is located in a prime location close to Florida State University and Tallahassee Community College, making it ideal for students and young professionals. The units were built in 2009, ensuring a modern and well-maintained living experience for tenants. With a projected rental income of $250,000 per year, this property has the potential to generate a substantial return on investment. If you’re looking for a smart real estate investment in a growing market, this property is definitely worth considering! Additionally, the property is even more flexible, as each unit has its own deed, meaning that the new owner can sell them separately if desired.
Open House
Property Details and Features
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Appliances & Equipment
- Dryer
- Dishwasher
- Disposal
- Microwave
- Range
- Refrigerator
- RefrigeratorWithIceMaker
- Washer
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Building
- Built in 2009
- Architectural style: TwoStory
- Construction materials: Frame,VinylSiding
- Toal building area: 1173
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Cooling
- CentralAir
- CeilingFans
- Electric
- HeatPump
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Floors
- Carpet
- Clay
- CeramicTile
- Laminate
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Heating
- Central
- Electric
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Income
- Gross income: $2,500,000
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Listing
- Listing ID: 382559
- Standard status: ActiveUnderContract
- 15 days on market
- 17 toal units
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Location
- Subdivision name: MCKEITHEN COMMONS
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Parking
- Covered
- Carport
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Schools
- Elementary school: RILEY
- Middleorjuniorschool: NIMS
- High school: GODBY
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Security Features
- SmokeDetectors