This is a great opportunity for potential investors and landlords! The 17 unit complex with 3 bedroom and 3 bathroom each is located in a prime location close to Florida State University and Tallahassee Community College, making it ideal for students and young professionals. The units were built in 2009, ensuring a modern and well-maintained living experience for tenants. With a projected rental income of $250,000 per year, this property has the potential to generate a substantial return on investment. If you're looking for a smart real estate investment in a growing market, this property is definitely worth considering! Additionally, the property is even more flexible, as each unit has its own deed, meaning that the new owner can sell them separately if desired.
- Price:
- $2,650,000
- Bedrooms:
- 12
- Full Baths:
- 12
- Square Footage:
- 1,173
- Year Built:
- 2009
- Listing ID #:
- 356112
- Street Address:
- 2601 McKeithen Court
- City:
- Tallahassee
- State:
- Florida
- Postal Code:
- 32304
- County:
- Leon
- Community:
- Nw-02
- Subdivision:
- McKeithen Commons
- Listing Status:
- Active
- Listing Type:
- ResidentialMultiFamily
PRESCHOOL-5
600 students
15 student/teacher
6-8
500 students
15 student/teacher
9-12
1385 students
18 student/teacher
- Construction Description:
- Frame, Siding - Vinyl
- Dwelling Type:
- Multi-Family
- Floor Plan:
- Story - Two Plus
- Flooring:
- Carpet, Ceramic/Clay, Laminate
- Number Of Units:
- 17
- Total Building Square Footage:
- 1173
- Unit 1 - Square Footage Available:
- 1173
- Unit 2 - Square Footage Available:
- 1173
- Unit 3 - Square Footage Available:
- 1173
- Unit 4 - Square Footage Available:
- 1173
- Unit1 Bathrooms:
- 3
- Unit1 Bedrooms:
- 3
- Unit1 Total Rooms:
- 4
- Unit2 Bathrooms:
- 3
- Unit2 Bedrooms:
- 3
- Unit2 Total Rooms:
- 4
- Unit3 Bathrooms:
- 3
- Unit3 Bedrooms:
- 3
- Unit3 Total Rooms:
- 4
- Unit4 Bathrooms:
- 3
- Unit4 Bedrooms:
- 3
- Unit4 Total Rooms:
- 4
- Year Built:
- 2009
- Gross Income:
- 198317
- Lot Features:
- -
- Days On Market:
- 92
- For Sale Or Lease?:
- For Sale
- Lease Terms:
- 1 Year
- Terms:
- Cash, Conventional
- Price Per Square Foot:
- 2259.16
- Property Taxes:
- $25,545
- Unit 1 Monthly Rent:
- 1300
- Unit 2 Monthly Rent:
- 1100
- Unit 3 Monthly Rent:
- 1200
- Unit 4 Monthly Rent:
- 1050
- Other Rooms:
- Utility Room - Inside
- Parking Description:
- Covered Parking, Individual Carport
- Cooling System:
- Central, Electric, Fans - Ceiling, Heat Pump
- Equipment:
- Dishwasher, Disposal, Fire Alarm, Microwave, Range, Refrig/Icemaker, Smoke Detector, Wash/Dry All
- 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 Gary Bartlett Real Estate
