302 Vantage Point Ln

Tallahassee, FL 32301 View Map $1,625,000 Schedule a Tour
On Site81 days
Year1978
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Status: Active
Property Type:Multi Family
MLS #:367831
On Site:81 Days
County:Leon
Gray and white pictures are digital renderings of what the exterior could look like painted. Welcome to a rare investment in the heart of Tallahassee! This is a package of 5 triplex totaling 15 units. They are 5 separate parcels. This listing offers a prime opportunity for investors looking for already stable rental income. Each unit is a 1-bedroom, 1-bathroom, currently rented below market rate at $750-$900 per month. Rents can be in the $1000 - $1100 range with some upgrades. The future owner can benefit from existing leases while having the option to increase rental rates over time. The affordable rental rates make these units highly attractive to a wide range of tenants, always ensuring low vacancy rates. Situated in a desirable neighborhood right off Park Ave and Magnolia, tenants enjoy close proximity to local restaurants, parks, and entertainment.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:302 Vantage Point Ln, Tallahassee, FL 32301
Area:NE-01
County:Leon
Zip Code:32301

School Information

High School:Leon
Middle School:Cobb
Elementary School:Hartsfield

Architecture

Year Built:1978
Style:Two Story
Construction Materials: Frame
Building Area: 11040.0
Parking Features: On Street

Features / Amenities

Appliances: Dryer, Dishwasher, Disposal, Range, Refrigerator, Washer
Flooring: Carpet, Vinyl, Wood
Exterior Features: Deck
Patio And Porch: Deck
Cooling: Central Air, Ceiling Fan(s), Electric
Heating: Central, Electric

Property Features

Lot Dimensions:205x77x205x77
Directions:Magnolia to Hays Street (West side of Magnolia), right on on Smith Street, Right on Vantage Point Ln

Tax and Financial Info

Lease Terms: 12 Months
Terms: Cash, Conventional
Owner Pays: Insurance, Repairs
Rent Includes: Gardener

Schools

WALKING AND TRANSPORTATION

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302 Vantage Point Ln Tallahassee,  FL 32301
GO SEE THIS LISTING
302 Vantage Point Ln Tallahassee, FL 32301
 
ASAP
Mon
15
Apr
Tue
16
Apr
Wed
17
Apr
Thu
18
Apr
Fri
19
Apr
Sat
20
Apr
Sun
21
Apr
Choose Your Date -- It's Free, Cancel Anytime
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Listing Information Last Updated 4/14/2024
Listing provided courtesy of The Naumann Group Real Estate.
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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