205 Lovelace Drive

Tallahassee, FL 32304 View Map $1,325,000 Schedule a Tour
On Site129 days
Year1977
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Status: Active - Under Contract
Property Type:Multi Family
MLS #:341222
On Site:129 Days
County:Leon
Multi-family Property within 1/2 mile of FSU and the FSU Football Stadium. Property includes 3 quadruplexes and 1 duplex. Quadruplexes are all 1 bedroom 1 bath for a total of 12 bedrooms. The duplex has a 4 bedroom 2 bath on one side and a 1 bedroom 1 bath on the other side for a total of 5 bedrooms. There is a a total of 17 bedrooms. Location location location.....Property is just minutes from FSU campus and stays rented.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
3/29/2022$1,475,000$1,325,000-10.2%

Community Information

Address:205 Lovelace Drive Tallahassee, FL 32304
Area:NW-02
County:Leon
Subdivision:Westwood
Zip Code:32304

School Information

High School:Godby
Middle School:Nims
Elementary School:Riley

Architecture

Year Built:1977
Style:Two Story
Construction Materials: Frame
Building Area: 8344.0
Parking Features: On Street, Unassigned

Features / Amenities

Appliances: Dishwasher, Range, Refrigerator
Flooring: Carpet, Clay, Ceramic Tile, Vinyl
Security Features: Dead Bolt(s)
Cooling: Central Air, Electric
Heating: Central, Electric

Property Features

Lot Dimensions:400 X 82 X 400 X 82
Directions:Take Pensacola St. just west of the FSU Stadium to the corner of Lovelace, Property on the left.

Tax and Financial Info

Cap Rate: 5.0
Gross Income: $109,863
Lease Terms: 12 Months
Terms: Cash, Conventional
Owner Pays: Insurance, Management, Repairs, Supplies
Rent Includes: Gardener
Documents Available: Financials, Rent Rolls

Schools

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205 Lovelace Drive Tallahassee, FL 32304
GO SEE THIS LISTING
205 Lovelace Drive Tallahassee, FL 32304
 
ASAP
Fri
27
May
Sat
28
May
Sun
29
May
Mon
30
May
Tue
31
May
Wed
1
Jun
Thu
2
Jun
Choose Your Date -- It's Free, Cancel Anytime
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Listing Information Last Updated 5/26/2022
Listing provided courtesy of Nai Talcor Commercial.
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.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
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