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

$529,900

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List Price
$529,900
Status
ACTIVE
MLS#
404426
Price Change
▼ $50,000 1790228637
Year Built
1949
Construction
Brick
County
Leon
Subdivision
Unplatted

Property Description

NEW PRICE — $529,900! 100% OCCUPIED FOURPLEX IN A PRIME IN-TOWN LOCATION. Immediate, in-place income with all four units currently leased and generating $4,100 per month / $49,200 annually in gross rental income. Current rents are $1,050, $1,050, $1,050 and $950. Four separate income-producing units under one ownership provide multiple rental streams and make this an excellent opportunity for an investor seeking a fully occupied multifamily asset with income from day one. Conveniently located near Lake Ella, Midtown, shopping, dining, downtown, major employment and Tallahassee universities. Also offers future flexibility for an owner-occupant who may choose to occupy one unit as leases turn over while continuing to collect rent from the remaining three. Four units. 100% occupied. $49,200 in actual annual rent. Excellent in-town location.

Additional Information

Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Equipment
Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Floors
Vinyl, Wood
Exterior
Two Story
Garage
Unassigned
Parking
Unassigned
Elementary School
RUEDIGER
Middle School
RAA
High School
LEON

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Calculator source: Real Geeks

Listing courtesy of Verve Residential.