Address
2273 HARTSFIELD Road, Tallahassee, FL
Price
$ 1,499,999
Property Attributes
- MLS#369595
- TypeCommercial
- CountyLEON
- CityTallahassee
- AreaNW
- Zip32303
- StyleMulti Family
- Taxes$ 13720
- Price$ 1,499,999
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage11980
- Lot Size1 Acres
Data Source:
Tallahassee MLS (TBRMLS)
Property Description
*** 10-Unit Townhouse Portfolio, comprised of 5 Duplexes *** 100% Occupancy *** Property Consists of 2 street addresses: 2273 Hartsfield Rd #1, Tallahassee, FL 32303 2289 Hartsfield Rd #1, Tallahassee, FL 32303 *** Turn-key and High Cash Flow (over $142K in annual rental income) with ability to increase rents as leases are renewed *** All 10 of the Townhouses are in one self-contained community *** No HOA! *** Unit Mix: 8 - 3 bed / 3 bathroom units and 2 - 2 bed / 2 bathroom units *** Unit Sq/Ft: 1,100+ sq ft *** Perfect Multi-Family Investment Property for individuals looking to expand their real estate investment portfolio and boost their cash flow. *** Recent upgrades and capital investments offer above-market rate potential and include new vinyl floors in all units and some new HVACs and washer/dryers *** All units have New Roofs that were installed within the last 2 years *** The entire parking lot and driveway entry was refinished less than 3 years ago *** All units have separately metered utilities. *** Located less than 10 minutes from 2 major State Universities: 3 miles to FSU (Florida State University) 5 miles to FAMU (Florida Agricultural & Mechanical University) Combined Student Enrollment over 55,000 students
| Price History | |
|---|---|
| 3/12/2024 | Listed $1,499,999 |
General Features
| Property SubType | MultiFamily |
|---|---|
| County | Leon |
| Net Operating Income | 99449.0 |
| Insurance Expense | 9000.0 |
| New Construction | No |
| Property Type | CommercialSale |
| HOA / Comm Assn | No |
| Attached Garage | No |
| MaintenanceExpense | 1930.0 |
| Garage Y/N | No |
| Status | Active |
| Directions | Use GPS |
| ModificationTimestamp | 2024-03-19T06:11:27.413-00:00 |
| City | TALLAHASSEE |
| Buyer Agent Compensation | 3 |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 10 |
| MLS Area | NW-02 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | HARTSFIELD |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 13720.0 |
| Home Warranty Y/N | No |
| 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 |
| Property Sub Type Additional | MultiFamily |
| Cap Rate | 7.0 |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | Item1 |
Interior Features
| Basement (Y/N) | No |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Street Suffix | Road |
| Electric On Property Y/N | No |
Exterior Features
| Total Parking | 30.0 |
|---|---|
| Spa | No |
| Building Area Total | 11980.0 |
| Lot Size Acres | 1.0 |
| 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 Commercial Average in 32303
Price
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The Tallahassee Board of REALTORS® Inc Data on this site was last updated: May 3, 2024 9:28 AM UTC
