Robert Nahoom
Amac Real Estate Co.
850-668-1000
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.
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Appliances : Range,Refrigerator
Carpet,Clay,Concrete,CeramicTile,Vinyl
Has Heating: Yes
Heating: Central,Electric
Has Cooling: Yes
Cooling: CentralAir,Electric
Year Built: 1970
Building Area Total: 3024
Construction Materials : Block,Concrete,WoodSiding
Stories : 1
Patio And Porch Features : Patio
Private Pool : No
Lot Dimensions: 130x80x130x80
Subdivision: Magnolia Office Center
Source Property Type: Residential
Property SubType: MultiFamily
Property Age: 54
Original List Price: $550000
Original List Price: $550000
Cash,Conventional
Parcel Number: 12073-11-31-68- A-023-0
Tax Lot: 23
Tax Block: A
Annual Tax: $4914
Assigned,ParkingSpaces
Elementary School: HARTSFIELD
Junior High School: FAIRVIEW
Senior High School: RICKARDS
Direction: East on Mahan, Right on Magnolia, Left on Call St, Left on Belmont
Security Features: SmokeDetectors
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2311 Tina Drive, Tallahassee, FL,32301 | $240,000 | 2 | 2 | 1,287 | -- |
114 W Whetherbine Way, Tallahassee, FL,32301 | $195,000 | 2 | 2 | 960 | -- |
1510 Chocksacka Nene, Tallahassee, FL,32301 | $210,000 | -- | -- | -- | -- |
132 Oak Street, Tallahassee, FL,32301 | $319,900 | 3 | 2 | 1,410 | -- |
125 Boardwalk Lane #13, Tallahassee, FL,32301 | $189,900 | 2 | 2 | 980 | -- |
121 N Monroe Street #PH 3, Tallahassee, FL,32301 | $1,295,000 | 2 | 3 | 2,275 | -- |
2412 Pontiac Drive, Tallahassee, FL,32301 | $170,000 | 4 | 1 | 1,060 | -- |
938 Carlton Drive, Tallahassee, FL,32301 | $625,000 | -- | -- | -- | -- |
1520 AND 1526 Live Oak .., Tallahassee, FL,32301 | $245,000 | 3 | 1 | 1,530 | -- |
1303 Lola Drive, Tallahassee, FL,32301 | $209,000 | 3 | 2 | 1,500 | -- |
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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.