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Real Estate and Homes   USA   FL   Tallahassee Area   Multi-Family Real Estate   8 BR -

Great Investment Opportunity! Well ma...

Bobby Patrick Nahoom

This listing was posted on Bobby Patrick Nahoom (via RealBird).

$619,000

Great Investment Opportunity! Well maintained Quadraplex overlooking Hilaman

Price:
$619,000
BR/BA:
8 BR, 8 BA
Location:
2925 Par Lane A,B,C,D, Tallahassee, FL
Description:

Great Investment Opportunity! Fully rented quadraplex on golf course in high demand area with additional land for building more units! Stunning views of the water on Hilaman Golf Course and a central location close to downtown, shopping, state offices, parks, and more make this property easy to rent for top dollar! Current rents range from $1050 to $1220, but market rents are between $1200 to $1300 a month, so there is room to raise rents. Property is zoned MR-1 allowing up to 20 units per acre. Lot size of property is 0.65 acres so there is potential to build another 4 to 8 units.
Property Type:
Multi-Family Residences for Sale
Sq feet:
3,712 sq. ft.
Year:
1979
For sale by:
Agent/Broker
Agent Name:
Bobby Patrick Nahoom
MLS Number:
370901
Posted:
April 12 on RealBird
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