$700,000
$700,000
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1 Bed
2 Baths
3,714 SqFt
SOLD DATE : 09/15/2020
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,714 sqft
Price per Sqft $188
Subdivision Palmer Addition East
MLS Listing ID 318973
Sold Date 09/15/20
Bedrooms 1
Full Baths 2
Construction Status Concrete Block
Year Built 1973
Lot Dimensions 125x100x125x100
Property Sub-Type Multi-Family
Property Description
RARE OPPORTUNITY! IN PRIME MYERS PARK LOCATION! 10-unit apartment (2 buildings consisting of four 1-bedroom apartments and six studio apartments) across the street from Myers Park, & in walking distance to state offices, Cascades Park, restaurants, & shopping. MANY updates (see photos) - Exterior: New roofs, new energy-efficient windows, new doors, new water access lines from meters, updated plumbing & electric, new stucco, new paint, new fencing, new lighting, & new landscaping. Interior Units: New flooring, new cabinets, new energy-efficient light fixtures, new appliances (AC, stove, microwave, refrigerator), new wall coating & paint throughout. Seven (7) units completed, two (2) long-term tenants, & one (1) unit in process. Fully leased. Rent roll (annualized, current as leased): $75,840.
Location
State FL
County Leon
Area Ne-01
Rooms
Other Rooms Walk in Closet, Units Vary
Interior
Heating Units Vary
Cooling Fans - Ceiling, Window/Wall, Units Vary
Flooring Ceramic/Clay, Laminate, Off Grade, Slab, Units Vary, Others
Equipment Dead Bolt, Microwave, Range, Refrigerator, Smoke Detector, Units Vary
Exterior
Parking Features Area - Unassigned
Private Pool No
Building
Lot Description Great Room, Kitchen with Bar, Kitchen - Galley, Units Vary
Story Story - One, Story - Two plus
Level or Stories Story - One, Story - Two plus
Construction Status Concrete Block
Schools
Elementary Schools Hartsfield
Middle Schools Cobb
High Schools Rickards
Others
Ownership KINETIQ GROUP LLC
SqFt Source Tax
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Armor Realty Of Tallahassee
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2901 E Park Avenue, Unit 2700, Tallahassee, Florida, 32301, United States