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$1,325,000
205 Lovelace Drive, Tallahassee, FL 32304
17 Beds
15 Baths
8,344 sqft

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Multi-family Property within 1/2 mile of FSU and the FSU Football Stadium. Property includes 3 quadruplexes and 1 duplex. Quadruplexes are all 1 bedroom 1 bath for a total of 12 bedrooms. The duplex has a 4 bedroom 2 bath on one side and a 1 bedroom 1 bath on the other side for a total of 5 bedrooms. There is a a total of 17 bedrooms. Location location location.....Property is just minutes from FSU campus and stays rented.
  • Price:
  • $1,325,000
  • Bedrooms:
  • 17
  • Full Baths:
  • 15
  • Square Footage:
  • 8,344
  • Year Built:
  • 1977
  • Listing ID #:
  • 341222
  • Street Address:
  • 205 Lovelace Drive
  • City:
  • Tallahassee
  • State:
  • Florida
  • Postal Code:
  • 32304
  • County:
  • Leon
  • Community:
  • Nw-02
  • Subdivision:
  • Westwood
  • Listing Status:
  • Contingent
  • Listing Type:
  • ResidentialMultiFamily
0
out of 5

John G Riley Elementary School
Public
School Grade Level PRESCHOOL-5
School Students 600 students
School Teachers 15 student/
teacher
1
out of 5

R. Frank Nims Middle School
Public
School Grade Level 6-8
School Students 500 students
School Teachers 15 student/
teacher
1
out of 5

Amos P. Godby High School
Public
School Grade Level 9-12
School Students 1385 students
School Teachers 18 student/
teacher
  • Construction Description:
  • Frame
  • Dwelling Type:
  • Multi-Family
  • Floor Plan:
  • Story - Two Plus
  • Flooring:
  • Carpet, Ceramic/Clay, Vinyl Tile
  • Number Of Units:
  • 14
  • Total Building Square Footage:
  • 8344
  • Unit 1 - Square Footage Available:
  • 1920
  • Unit 2 - Square Footage Available:
  • 1920
  • Unit 3 - Square Footage Available:
  • 2584
  • Unit 4 - Square Footage Available:
  • 1920
  • Unit1 Bathrooms:
  • 4
  • Unit1 Bedrooms:
  • 4
  • Unit1 Total Rooms:
  • 16
  • Unit2 Bathrooms:
  • 4
  • Unit2 Bedrooms:
  • 4
  • Unit2 Total Rooms:
  • 16
  • Unit3 Bathrooms:
  • 3
  • Unit3 Bedrooms:
  • 5
  • Unit3 Total Rooms:
  • 10
  • Unit4 Bathrooms:
  • 4
  • Unit4 Bedrooms:
  • 4
  • Unit4 Total Rooms:
  • 16
  • Year Built:
  • 1977
  • Expenses:
  • 40962
  • Gross Income:
  • 109863
  • Net Operating Income:
  • 68901
  • Lot Features:
  • 13
  • Days On Market:
  • 127
  • For Sale Or Lease?:
  • For Sale
  • Lease Terms:
  • 1 Year
  • Terms:
  • Cash, Conventional
  • Price Per Square Foot:
  • 158.80
  • Unit 1 Monthly Rent:
  • 2515
  • Unit 2 Monthly Rent:
  • 2565
  • Unit 3 Monthly Rent:
  • 1875
  • Unit 4 Monthly Rent:
  • 2410
  • Parking Description:
  • Area - Unassigned, On Street
  • Cooling System:
  • Central, Electric
  • Equipment:
  • Dead Bolt, Dishwasher, Range, Refrigerator
  • Heating:
  • Central, Electric
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listings Provided By Nai Talcor Commercial

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