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302 Vantage Point Lane
Tallahassee, FL 32301

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Property Details


List Price: $325,000
Beds: 3
Baths: 12
Status: Active
SqFt: 2208
Agency: The Naumann Group Real Estate, Inc.

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Description/Comments


Lot Size: --
Property Type: MultiFamily
Year Built: 1978
Notes: 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 triplex, one of five available for sale, 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.
MlsNumber: 367425


Listing Provided By: The Naumann Group Real Estate, Inc., original listing
Name: The Naumann Group Real Estate, Inc.
Phone: (850) 933-0328
Office Name: The Naumann Group Real Estate
Office Phone: (850) 325-1681
Agent Name: Jason Naumann
Disclaimer: Copyright © 2024 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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