Address
302 Vantage Point Lane # Apt 16, 17, 18, Tallahassee, FL
Price
$ 1,625,000
Property Attributes
- MLS#367831
- TypeMulti-Family
- CountyLEON
- CityTallahassee
- AreaNE
- NeighborhoodVantage Point Unrec
- Zip32301
- StyleTwo Story
- Price$ 1,625,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage11040
Data Source:
Tallahassee MLS (TBRMLS)
Property Description
Gray and white pictures are digital renderings of what the exterior could look like painted. Welcome to a rare investment in the heart of Tallahassee! This is a package of 5 triplex totaling 15 units. They are 5 separate parcels. This listing offers a prime opportunity for investors looking for already stable rental income. Each unit is a 1-bedroom, 1-bathroom, currently rented below market rate at $750-$900 per month. Rents can be in the $1000 - $1100 range with some upgrades. The future owner can benefit from existing leases while having the option to increase rental rates over time. The affordable rental rates make these units highly attractive to a wide range of tenants, always ensuring low vacancy rates. Situated in a desirable neighborhood right off Park Ave and Magnolia, tenants enjoy close proximity to local restaurants, parks, and entertainment.
| Elementary School | Middle School | High School |
|---|---|---|
| Hartsfield Elementary School | Cobb Middle School | Leon High School |
| Price History | |
|---|---|
| 1/26/2024 | Listed $1,625,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | CentralAir,CeilingFans,Electric |
| Possession | Negotiable |
| Appliances | Dryer,Dishwasher,Disposal,Range,Refrigerator,Washer |
| Exterior Features | Deck |
| HOA | 0.0 |
| Patio/Porch Features | Deck |
| Architectural Style | TwoStory |
| Construction Materials | Frame |
| Year Built | 1978 |
| Unit Number | Apt 16,17,18 |
| Property SubType | MultiFamily |
| OwnerPays | Insurance,Repairs |
| County | Leon |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | Vantage Point Unrec |
| Garage Y/N | No |
| Rent Includes | Gardener |
| Status | Active |
| Directions | Magnolia to Hays Street (West side of Magnolia),right on on Smith Street,Right on Vantage Point Ln |
| ModificationTimestamp | 2024-02-01T06:16:47.103-00:00 |
| High School | LEON |
| City | TALLAHASSEE |
| Buyer Agent Compensation | 2.5 |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 15 |
| MLS Area | NE-01 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Vantage Point |
| Listing Terms | Cash,Conventional |
| Elementary School | HARTSFIELD |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Home Warranty Y/N | No |
| Middle/Junior High School | COBB |
| Ok to Lease | Item12Months |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 7 |
| Standard Status | Active |
| Tax Lot | 12 |
| Property Sub Type Additional | MultiFamily |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | Item1 |
Interior Features
| Flooring | Carpet,Other,Vinyl,Wood |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | Lane |
| Electric On Property Y/N | No |
Exterior Features
| Parking Features | OnStreet |
|---|---|
| Spa | No |
| Building Area Total | 11040.0 |
| Lot Dimensions | 205x77x205x77 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 32301
Price
Visits
Year Built
IDX information is provided exclusively for consumer's personal, non-commercial use. Data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed.
The Tallahassee Board of REALTORS® Inc Data on this site was last updated: May 3, 2024 5:33 AM UTC
