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$825,000

Est. payment - /mo

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8 Beds

4 Baths

6,992 SqFt

New

1305 CLAY Street #- Tallahassee, FL 32304

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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 6,992 sqft

Price per Sqft $117

Subdivision Frenchtown

MLS Listing ID 404873

Bedrooms 8

Full Baths 4

Construction Status Concrete Block,Siding - Vinyl

Year Built 1973

Property Sub-Type Multi-Family

Property Description

Turnkey investment! Ready for new owner with upside potential in continued rent increases. Current total gross rent is $8,225 per month! GRM is 8.3! What a deal! All utilities are separately metered & tenant's pay for everything! Awesome investment for anyone looking to do a 1031 exchange!

Location

State FL

County Leon

Area Leon

Interior

Heating Central, Electric

Cooling Central, Electric, Fans - Ceiling

Flooring Vinyl

Equipment Microwave, Range, Refrigerator

Exterior

Parking Features Area - Unassigned

Private Pool No

Building

Lot Description Kitchen - Eat In, Separate Living Room

Story Story - Two plus

Level or Stories Story - Two plus

Construction Status Concrete Block,Siding - Vinyl

Schools

Elementary Schools Riley

Middle Schools Griffin

High Schools Godby

Others

Ownership COMMERICAL PROPERTIES FLO

SqFt Source Tax

Miscellaneous Patio - Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by EXP Realty, LLC