Address
2601 MCKEITHEN Court # 1-17, Tallahassee, FL
Price
$ 2,650,000
Property Attributes
  • MLS#368965
  • TypeMulti-Family
  • CountyLEON
  • CityTallahassee
  • AreaNW
  • NeighborhoodMCKEITHEN COMMONS
  • Zip32304
  • StyleTwo Story
  • Year Built2009
  • Taxes$ 25545
  • Price$ 2,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1173
Data Source:
Tallahassee MLS (TBRMLS)
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.

Elementary School Middle School High School
Riley Elementary School Nims Middle School Godby High School
Price History
2/26/2024 Listed $2,650,000

General Features

Heating Central,Electric
Cooling CentralAir,CeilingFans,Electric,HeatPump
Appliances Dryer,Dishwasher,Disposal,Microwave,Range,Refrigerator,Washer
HOA 0.0
Architectural Style TwoStory
Security Features SmokeDetectors
Construction Materials Frame,VinylSiding
Year Built 2009
Unit Number 1-17
Property SubType MultiFamily
Gross Income 198317.0
OwnerPays AssociationFees,CommonAreaMaintenance,Insurance,Management,Repairs,Taxes
County Leon
New Construction No
Property Type Residential
HOA / Comm Assn No
Attached Garage No
Subdivision Name MCKEITHEN COMMONS
Garage Y/N No
Rent Includes Gardener
Special Listing Conditions Standard
Status Active
Directions Tennessee St turn left onto Mckeithen St,the property is on the right.
ModificationTimestamp 2024-03-04T06:11:41.520-00:00
High School GODBY
City TALLAHASSEE
Buyer Agent Compensation 2
View Y/N No
Senior Community Y/N No
Total Units 17
MLS Area NW-02
Private Pool No
Waterfront Y/N No
Carport Y/N Yes
Street Name MCKEITHEN
Listing Terms Cash,Conventional
Elementary School RILEY
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 25545.0
Home Warranty Y/N No
Middle/Junior High School NIMS
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 -
Property Sub Type Additional MultiFamily
MobileHomeRemainsYN No
Buyer Agent Compensation Type Item1

Interior Features

Flooring Carpet,Clay,CeramicTile,Laminate
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Court
Electric On Property Y/N No

Exterior Features

Parking Features Covered,Carport
Spa No
Building Area Total 1173.0
Lot Dimensions 200X240X100X240
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 32304

Price
AVG $780K
$2.65M
Taxes
AVG $7,907
$25,545
Visits
AVG 47
74
Data Provided by Inside Real Estate®
Year Built
AVG 1974
2009

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.