Realtor, CNS, CMS, CLG, ASP
Multi-Family
for Sale
| Catylist Listing ID: |
30659940 |
| Property Subtypes: |
Duplex/Fourplex, Low-Rise/Garden
|
| Number of Units: |
8 Units |
| Building Size (RSF): |
6,720 SF |
| Sale Price: |
$515,000 |
| Unit Price: |
$64,375 Per Unit |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
6.7% |
| Last Updated: |
11/18/2020 |
Overview / Comments
|
Fantastic multi-family investment in an area that rents quickly and easy // Four one-story duplexes all in a row // Each unit has an individual driveway and patio and is an end-unit // Each is a 2BD/1BA with galley kitchen and combined living/dining, hall bath and two bedrooms // Rents are, as of March 2020: $625, $625, $575, $650, $600, $600, $600, $625 and units are fully-occupied // NOI and GRM were taken directly from property manager's records and include deductions for expenses related to lawn care, repairs and management fee // Current property manager is willing to stay on as manager and has good record of producing rental income for current owner // Leases available upon request for qualified Buyers
|
Additional Details
| Nearest MSA: |
Tallahassee |
| County: |
Leon |
| Taxing Authority: |
Leon County |
| Tax ID/APN: |
4103202050000, 4103202030000, 4103202070000, 4103202130000 |
| Zoning: |
MEDIUM DENSITY RESIDENTIAL MR-1 |
| Area Description: |
SW Tallahassee Area |
| Total Number of Buildings: |
4 |
| Number of Stories: |
1 |
| Year Built: |
1977 |
| Zoning Description: |
MR-1 Medium Density Residential |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,264 |
84,825 |
145,820 |
| Median Age: |
23.04 |
25.13 |
29.13 |
| Households: |
6,132 |
32,718 |
59,165 |
|
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Tallahassee Board of REALTORS nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|
