3514 N Meridian Rd

Tallahassee, FL 32312 View Map $949,900 Schedule a Tour
On Site165 days
Year1954
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Status: Active
Property Type:Multi Family
MLS #:325010
On Site:165 Days
County:Leon
Once in a lifetime opportunity to own nearly seven acres of investment property plus a ranch-style homestead (or larger rental) in Tallahassee's most sought-after area: The Northeast Market District // Built in the mid-1950's, the property consists of a 2100 sq ft main house with four bedrooms and two full baths that has been renovated over the years to blend with it's classic original elements // The cottages range in rent from $600-$895 (Seller has chosen not to raise rent for two long-time tenants), but market rent is $895 each // With interior cosmetic renovations and/or a furnished AirBnb/short-term rental concept, the market rent could be much, much higher // The cottages are all nearly identical in their floor plans, but are 844 square feet and each have two bedrooms and one full bathroom, some have carports // Various updates throughout each, but most have rather original interior finishes hard floors // Owner has kept up with septic and roof repairs very well // Property was parceled separately so that main house is on one parcel for homestead purposes // Water well for all properties is on homestead parcel // Both parcels must be sold together // Leases, surveys and old appraisal docs are available

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

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Community Information

Address:3514 N Meridian Rd Tallahassee, FL 32312
Area:NW-02
County:Leon
Subdivision:-
Zip Code:32312

School Information

High School:Leon
Middle School:Raa
Elementary School:Gilchrist

Architecture

Year Built:1954
Stories:1
Style:One Story
Construction Materials: Asbestos, Brick, Frame
Building Area: 7179.0
Parking Features: Carport, Garage Door Opener

Features / Amenities

Interior Features: Entrance Foyer, Pantry
Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
Flooring: Vinyl, Wood
Pool: In Ground
Cooling: Central Air, Ceiling Fan(s), Electric
Heating: Central, Electric, Propane, Wood

Property Features

Lot Dimensions:381x389x156x459x231x
Directions:North on Meridian Road // On the left just past Timberlane Rd

Tax and Financial Info

Gross Income: $4,740
Terms: Cash, Conventional
Owner Pays: Pest Control, Supplies
Documents Available: Appraisal, Disclosure(s), Floorplan, Lease, SellersPropertyDisclosure, Survey

Schools

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3514 N Meridian Rd Tallahassee, FL 32312
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3514 N Meridian Rd Tallahassee, FL 32312
 
ASAP
Wed
14
Apr
Thu
15
Apr
Fri
16
Apr
Sat
17
Apr
Sun
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Apr
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Listing Information Last Updated 4/13/2021
Listing provided courtesy of Coldwell Banker Hartung.
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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