805-807 & 821-823 Livingston Ct Duplexes

Multi-Family for Sale
Catylist Listing ID: 30362479
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 3,432 SF
Gross Land Area: 0.92 Acres
Sale Price: $325,000
Unit Price: $81,250 Per Unit
Property Use Type: Investment
Building Name: Livingston Ct Duplexes
Usable Size (USF): 3,928 SF
Sale Terms: Cash to Seller
Cap Rate: 4.56%
Average Occupancy Rate: 94
Last Updated: 1/7/2019

Overview / Comments

Two Duplexes 805-807 Livingston Ct & 821-823 Livingston Ct (adjacent) 2BR-1BA Units 857 SF per unit rents range from $650-$795.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $3,469 (Annual)
Tax Value Land $60,000
Tax Value Improvements $149,082
Assessed Value - Total($) $209,082 (Annual)
Potential Rental Income $33,240 (Annual)
Gross Operating Income $31,215 (Annual)
Net Operating Income $14,823 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Tallahassee
County: Leon
Taxing Authority: Leon County
Tax ID/APN: 2114040000030
Zoning: LP
Percent Occupied: 100%
Property Located Between: North of I-10 off N Monroe
Highway Access: N Monroe - Hwy 27
Airports: TLH
Site Description: .92 acres
Area Description: The subject is located in a small town-home neighborhood with great access to schools, shopping and employment.
Total Number of Buildings: 2
Property Condition: Good
Number of Stories: 1
Year Built: 1979
Roof Type: Gable
Construction/Siding: Wood Siding
Exterior Description: Range Style
Parking Ratio: 2.5 (per 1000 SF)
Parking Type: Surface
Parking Description: Parking-Pad per unit
Total Parking Spaces: 8
Laundry: In Each Unit
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Evaporative Cooler
Interior Description: 2-Bedroom 1 Bath units with galley style kitchens, fire places, laundry room and patios.
Zoning Description: LP
Lot Frontage: 200
Lot Depth: 170
Water Service: Municipal
Sewer Type: Septic
Legal Description: Kentwood Unrec 14 1N 1W .92 A Lot 3 or 1264/1291 2029/1199

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,920 78,636 167,810
Median Age: 31.11 31.22 31.01
Households: 2,518 34,144 70,009

Contact

Photograph of Listing Agent

Steve Mattox

Mattox Realty, Inc TALrex.com Member
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