• 416 Belmont Road #- TALLAHASSEE, FL 32301

  • $550,000
  • 8
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft

Great investment opportunity on quadraplex in fantastic location less than 2 miles East of historic downtown Tallahassee and Cascades Park. The central location makes these units easy to rent out! Four 2bed/1bath units. Fully rented with gross annual rent of $51,060. There is room to raise rents on two units by another $100 to $150 per month by making some easy updates. New roof in 2022. Low maintenance single story concrete block construction. Each unit has washer/dryer connections and a private patio. Two units have recently been updated with new paint, flooring, new light fixtures, ceiling fans, re-surfaced tub and more. Close to downtown, Cascades Park, shopping, restaurants, Tallahassee Memorial Hospital, Governor Square Mall and more! Additional pictures and property information is available upon request.

Property Type :

Residential

Subdivision :

The Grove Of Vintage Oaks

County :

Leon

Style :

Residential

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Property Details

 

Interior Features

Appliances : Range,Refrigerator

Flooring Information

Carpet,Clay,Concrete,CeramicTile,Vinyl

Heating & Cooling

Has Heating: Yes

Heating: Central,Electric

Has Cooling: Yes

Cooling: CentralAir,Electric

Building Information

Year Built: 1970

Building Area Total: 3024

Construction Materials : Block,Concrete,WoodSiding

Stories : 1

Patio And Porch Features : Patio

Private Pool : No

Lot Information

Lot Dimensions: 130x80x130x80

Property Information

Subdivision: Magnolia Office Center

Source Property Type: Residential

Property SubType: MultiFamily

Property Age: 54

Listing Price Information

Original List Price: $550000

Original List Price: $550000

Cash,Conventional

Tax Information

Parcel Number: 12073-11-31-68- A-023-0

Tax Lot: 23

Tax Block: A

Annual Tax: $4914

School Information

Elementary School: HARTSFIELD

Junior High School: FAIRVIEW

Senior High School: RICKARDS

Location Information

Direction: East on Mahan, Right on Magnolia, Left on Call St, Left on Belmont

Security Features: SmokeDetectors

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2022 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/01/2024 @ 20:03

MLS: 372044
LISTED BY: Robert Nahoom, Amac Real Estate Co.
SOURCE: TBRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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