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$300,000

Est. payment - /mo

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4 Beds

2 Baths

2,220 SqFt

New

4600 Shelfer Road #A & B Tallahassee, FL 32305

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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 2,220 sqft

Price per Sqft $135

Subdivision Southfork Unrec

MLS Listing ID 406550

Bedrooms 4

Full Baths 2

Construction Status Brick 1 or 2 Sides,Stone,Siding - Wood

Year Built 1983

Property Sub-Type Multi-Family

Property Description

Fully rented duplex for sale which includes both units A & B! Whether you're looking for a turn-key investment or a way to offset your mortgage, 4600 Shelfer Road offers flexibility and immediate rental income. Situated on a 0.26-acre corner lot, this fully occupied duplex features two 2-bedroom units generating $2,690 in combined gross monthly rental income. Unit A rents for $1,350/month, and Unit B rents for $1,340/month. Both leases end February 21, 2027, and both tenants have expressed a desire to renew. Major updates include 2023 water heaters, HVAC systems from 2009 and 2021, and a 2009 architectural shingle roof. Each unit features a wood-burning fireplace, an open kitchen with a pass-through to the living room, a primary bedroom with dual closets, including a spacious walk-in, and each unit has an interior laundry room with additional storage. Outside, each unit has its own separate covered front porch, back patio, and fully fenced backyards. Investors can continue the existing tenancies, while owner-occupants can explore house hacking by moving into one unit as the leases expire and renting out the other to help offset their mortgage. Conveniently located near schools, sidewalks, shopping along Capital Circle, and public transportation, this versatile property offers an opportunity to build equity while generating rental income. Measurements are approximate. Buyer to verify any measurements deemed important. 2023 survey available.

Location

State FL

County Leon

Area Leon

Rooms

Other Rooms Utility Room - Inside, Walk in Closet

Interior

Heating Central, Electric, Fireplace - Wood

Cooling Central, Electric, Fans - Ceiling

Flooring Carpet, Some Carpet, Vinyl

Equipment Dishwasher, Range, Refrigerator

Exterior

Parking Features Assigned Spaces

Private Pool No

Building

Lot Description Kitchen with Bar, Living Room/Dining Room

Story Story - One

Level or Stories Story - One

Construction Status Brick 1 or 2 Sides,Stone,Siding - Wood

Schools

Elementary Schools Oak Ridge

Middle Schools Fairview

High Schools Rickards

Others

Ownership Kelsey Weems Jr

SqFt Source Tax

Miscellaneous Fencing - Full,Patio - Individual

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Listed by Xcellence