302 VANTAGE POINT LN APT 16
TALLAHASSEE, FL 32301
$1,625,000
0 Beds
0 Baths
11,040 Sq Ft
Status Active
MLS# 367831
Gray and white pictures are digital renderings of what the exterior could look like painted. Welcome to a rare investment in the heart of Tallahassee! This is a package of 5 triplex totaling 15 units. They are 5 separate parcels. This listing offers a prime opportunity for investors looking for already stable rental income. Each unit is a 1-bedroom, 1-bathroom, currently rented below market rate at $750-$900 per month. Rents can be in the $1000 - $1100 range with some upgrades. The future owner can benefit from existing leases while having the option to increase rental rates over time. The affordable rental rates make these units highly attractive to a wide range of tenants, always ensuring low vacancy rates. Situated in a desirable neighborhood right off Park Ave and Magnolia, tenants enjoy close proximity to local restaurants, parks, and entertainment.
Details for 302 VANTAGE POINT LN APT 16
$147 / Sq Ft
0 parking spaces
Central, Electric
143 Days on website
Area Information for 302 VANTAGE POINT LN APT 16
