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$579,900

Est. payment - /mo

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4 Beds

4 Baths

2,912 SqFt

Active

202 E Bradford Road #1-4 Tallahassee, FL 32303

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Additional details

Michael Phillips

michael.phillips@engelvoelkers.com +1(850) 566-9352

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,912 sqft

Price per Sqft $199

Subdivision Unplatted

MLS Listing ID 404426

Bedrooms 4

Full Baths 4

Construction Status Brick 4 Sides

Year Built 1949

Property Sub-Type Multi-Family

Property Description

100% OCCUPIED FOUR-UNIT INVESTMENT OPPORTUNITY! 202 E Bradford Road offers immediate, in-place rental income with all four units currently leased and generating $4,100 per month / $49,200 annually in gross rental income. With four separate income-producing units under one ownership, this property is an excellent opportunity for an investor looking to add a fully occupied multifamily asset to their portfolio. The four-unit configuration provides multiple rental income streams and reduces reliance on a single tenant. Also offers future flexibility for an owner-occupant who may choose to live in one unit while collecting rent from the remaining three as leases turn over. Convenient Tallahassee location near shopping, dining, employment, universities and downtown. Four units. 100% occupied. $49,200 in current annual rental income. Income from day one.

Location

State FL

County Leon

Area Leon

Interior

Heating Central, Electric

Cooling Central, Electric, Fans - Ceiling

Flooring Vinyl, Wood, Units Vary

Equipment Dishwasher, Microwave, Range, Refrigerator, Smoke Detector, Wash/Dry All

Exterior

Parking Features Area - Unassigned

Private Pool No

Building

Lot Description Kitchen with Bar, Kitchen - Galley, Living Room/Dining Room

Story Story - Two plus

Level or Stories Story - Two plus

Construction Status Brick 4 Sides

Schools

Elementary Schools Ruediger

Middle Schools Raa

High Schools Leon

Others

Ownership Oliver James Residential

SqFt Source Tax

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Listed by Verve Residential