2273 Hartsfield Rd

Tallahassee, FL 32303 View Map $1,499,999 Schedule a Tour
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Status: Active
Property Type:Multi Family
MLS #:369595
On Site:73 Days
Lot Size:1 Acres
County:Leon
*** 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

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Community Information

Address:2273 Hartsfield Rd, Tallahassee, FL 32303
Area:NW-02
County:Leon
Zip Code:32303

Property Features

Lot Size: 1 Acres
Directions:Use GPS

Tax and Financial Info

Tax Annual Amount: $13,720
Cap Rate: 7.0
Net Operating Income: $99,449
Insurance Expense: $9,000
Maintenance Expense: $1,930
Other Expense: $19,901

Schools

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2273 Hartsfield Rd Tallahassee,  FL 32303
GO SEE THIS LISTING
2273 Hartsfield Rd Tallahassee, FL 32303
 
ASAP
Fri
24
May
Sat
25
May
Sun
26
May
Mon
27
May
Tue
28
May
Wed
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May
Thu
30
May
Choose Your Date -- It's Free, Cancel Anytime
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Listing Information Last Updated 5/23/2024
Listing provided courtesy of Lux Agency LLC (954-608-9546).
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.
(850) 378-5727