2273 HARTSFIELD Road, Tallahassee, FL 32303
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2273 HARTSFIELD Road, Tallahassee, FL 32303
2273 HARTSFIELD Road, Tallahassee, FL 32303
2273 HARTSFIELD Road, Tallahassee, FL 32303
2273 HARTSFIELD Road, Tallahassee, FL 32303

$1,400,000

Est. payment /mo

$1,499,999

6.7%
Est.Price: ?

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2273 HARTSFIELD Road Tallahassee, FL 32303

11,980 SqFt

SOLD DATE : 08/26/2024

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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Listed by Lux Agency LLC
Bought with Advanced Realty Group LLC

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