Located within the vibrant city limits of Tallahassee and in close proximity to Tallahassee Community College, this promising 3-bedroom, 2-bathroom home represents a golden opportunity for investors and landlords aiming at the college rental market. With its strategic location, it stands as an ideal choice for students seeking the convenience of city living combined with the comforts of a residential home. The property boasts a relatively new roof, approximately two years old, ensuring a significant saving on immediate overheads. A spacious two-car garage complemented by a separate workshop space offers ample storage and hobby areas, perfect for tenants with vehicles or those who appreciate a dedicated space for creative and practical projects. An in-ground pool, though in need of some refurbishment, presents a unique selling point and a potential oasis for relaxation and social gatherings, significantly enhancing the rental appeal during the warmer months. The charm of the home is further elevated by a cozy wood-burning fireplace, paired with an attached indoor wood fire grill, setting the stage for memorable indoor gatherings and culinary experiences. However, prospective buyers should note that the home requires some attention, particularly the master bathroom, which is completely gutted and awaiting a renovation. This blank canvas offers a unique opportunity to customize and upgrade the space to either increase rental yields or tailor it to specific tenant needs. This property is not just a house; it's an investment opportunity with the potential for significant returns. Its appeal as a rental for college students is undeniable, offering both the proximity to educational institutions and the features that enhance student living. With some care and customization, this home could easily become a sought-after residence for those studying nearby, ensuring a steady rental income for the savvy investor.
Sold for $215,000 on 05/02/24
$215,000
1111 Bonnie Dr, Tallahassee, FL 32304
3beds
2,038sqft
Single Family Residence
Built in 1966
0.43 Acres Lot
$217,300 Zestimate®
$105/sqft
$2,428 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 03, 2024 at 07:33am
Listed by:
Hudson M Willis 850-756-1823,
LPT Realty
Bought with:
Beth A Allen, 567297
R. J. Allen & Associates, Inc.
Source: TBR,MLS#: 369382

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Dimensions: 15x16
Bedroom 2
- Dimensions: 11x14
Bedroom 3
- Dimensions: 12x14
Dining room
- Dimensions: 14x11
Family room
- Dimensions: 16x13
Kitchen
- Dimensions: 23x13
Living room
- Dimensions: 13x22
Heating
- Propane, Wood
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Oven, Refrigerator, Stove
Features
- None
- Flooring: Carpet, Vinyl
- Has fireplace: Yes
Interior area
- Total structure area: 2,038
- Total interior livable area: 2,038 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Two Car Garage
- Garage spaces: 2
Features
- Stories: 1
- Patio & porch: Covered, Porch
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: None
Lot
- Size: 0.43 Acres
- Dimensions: 100 x 125 x 100 x 125
Details
- Parcel number: 12073212860 E0060
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story,Traditional
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- Year built: 1966
Community & neighborhood
Location
- Region: Tallahassee
- Subdivision: LINWOOD MANOR
Other
Other facts
- Listing terms: Cash,Conventional,Rehab Financing
- Road surface type: Paved