$1,400,000
$1,499,999
6.7%For more information regarding the value of a property, please contact us for a free consultation.
2273 HARTSFIELD Road Tallahassee, FL 32303
11,980 SqFt
Key Details
Sold Price $1,400,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 11,980 sqft
Price per Sqft $116
MLS Listing ID 369595
Sold Date 08/26/24
Lot Size 1.000 Acres
Property Sub-Type Multi Family
Property Description
*** 10-Unit Townhouse Portfolio, comprised of 5 Duplexes *** 100% Occupancy *** Property Consists of 2 street addresses: 2273 Hartsfield Rd #1, Tallahassee, FL 32303 2289 Hartsfield Rd #1, Tallahassee, FL 32303 *** Turn-key and High Cash Flow (over $142K in annual rental income) with ability to increase rents as leases are renewed *** All 10 of the Townhouses are in one self-contained community *** No HOA! *** Unit Mix: 8 - 3 bed / 3 bathroom units and 2 - 2 bed / 2 bathroom units *** Unit Sq/Ft: 1,100+ sq ft *** Perfect Multi-Family Investment Property for individuals looking to expand their real estate investment portfolio and boost their cash flow. *** Recent upgrades and capital investments offer above-market rate potential and include new vinyl floors in all units and some new HVACs and washer/dryers *** All units have New Roofs that were installed within the last 2 years *** The entire parking lot and driveway entry was refinished less than 3 years ago *** All units have separately metered utilities. *** Located less than 10 minutes from 2 major State Universities: 3 miles to FSU (Florida State University) 5 miles to FAMU (Florida Agricultural & Mechanical University) Combined Student Enrollment over 55,000 students
Location
State FL
County Leon
Area Nw-02
Exterior
Parking Features 30
Others
Ownership North Florida Estate LLC
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Bought with Advanced Realty Group LLC






