$312,000
$325,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
309 Vantage Point Lane #Apt 34, 35, 36 Tallahassee, FL 32301
3 Beds
3 Baths
2,208 SqFt
Key Details
Sold Price $312,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,208 sqft
Price per Sqft $141
Subdivision Vantage Point Unrec
MLS Listing ID 367426
Sold Date 08/02/24
Bedrooms 3
Full Baths 3
Construction Status Frame
HOA Fees $100/ann
Year Built 1978
Lot Dimensions 43x131x131x88
Property Sub-Type Multi-Family
Property Description
Gray and white pictures are digital renderings of what the exterior could look like painted. Welcome to a rare investment in the heart of Tallahassee! This triplex, one of five available for sale, offers a prime opportunity for investors looking for already stable rental income. Each unit is a 1-bedroom, 1-bathroom, currently rented below market rate at $750-$900 per month. Rents can be in the $1000-$1100 range with some upgrades. The future owner can benefit from existing leases while having the option to increase rental rates over time. The affordable rental rates make these units highly attractive to a wide range of tenants, always ensuring low vacancy rates. Situated in a desirable neighborhood right off Park Ave and Magnolia, tenants enjoy close proximity to local restaurants, parks, and entertainment.
Location
State FL
County Leon
Area Ne-01
Rooms
Other Rooms Foyer, Utility Room - Inside, Units Vary
Interior
Heating Central, Electric
Cooling Central, Electric, Fans - Ceiling
Flooring Carpet, Vinyl, Wood, Others
Equipment Dishwasher, Disposal, Range, Refrigerator, Wash/Dry All
Exterior
Parking Features On Street
Private Pool No
Building
Lot Description Kitchen/Din Rm/Liv Room
Story Story - Two plus
Level or Stories Story - Two plus
Construction Status Frame
Schools
Elementary Schools Hartsfield
Middle Schools Cobb
High Schools Leon
Others
Ownership Wallenfelsz
SqFt Source Tax
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Frog Real Estate Company, LLC






