1504 S Adams St

Tallahassee, FL 32310 View Map $1,350,000 Schedule a Tour
On Site15 days
Year2001
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Status: Active
Property Type:Multi Family
MLS #:374579
On Site:15 Days
County:Leon
Awesome Location! Next to FAMU! Walking distance for Cascades and Downtown Tallahassee! Easily walk to class! Newly renovated, ready to go for next investor. This value add property is already stabilized. Heavy work has been completed. Time for next investor to take it to the finish line! This property is perfect for the Student housing, Airbnb/short term rentals, or regular market rate investors! 6 units or 18 rooms! Lots of potential upside on the investors! This property includes opportunity zones tax benefits! this would also be a great 1031 exchange opportunity property!

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:1504 S Adams St, Tallahassee, FL 32310
Area:SW-04
County:Leon
Subdivision:Morrill
Zip Code:32310

School Information

High School:Rickards
Middle School:Fairview
Elementary School:Bond

Architecture

Year Built:2001
Style:Two Story
Construction Materials: Frame
Building Area: 6912.0
Parking Features: Unassigned

Features / Amenities

Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
Flooring: Laminate
Furnished: Partially
Room Type: UtilityRoom
Exterior Features: Fully Fenced
Cooling: Central Air, Ceiling Fan(s), Electric
Heating: Central, Electric

Property Features

Fencing: Fenced
Directions:S Adams St, left on Jakes & Patterson

Tax and Financial Info

Cap Rate: 8.8
Gross Income: $144,000
Lease Terms: 12 Months
Terms: Cash, Conventional, Item1031Exchange
Owner Pays: Association Fees, All Utilities, Common Area Maintenance, Electricity, Insurance, Supplies, Taxes
Total Actual Rent: $9.30
Rent Includes: Gardener, Internet
Documents Available: Financials, Lease, Rent Rolls, Survey

Schools

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1504 S Adams St Tallahassee,  FL 32310
GO SEE THIS LISTING
1504 S Adams St Tallahassee, FL 32310
 
ASAP
Wed
24
Jul
Thu
25
Jul
Fri
26
Jul
Sat
27
Jul
Sun
28
Jul
Mon
29
Jul
Tue
30
Jul
Choose Your Date -- It's Free, Cancel Anytime
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Listing Information Last Updated 7/23/2024
Listing provided courtesy of The Broker House, LLC (850-841-0097).
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Joe Manausa Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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