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Sold for $312,000 on 08/02/24
  • $312,000

    309 Vantage Point Ln APT 34-35-36, Tallahassee, FL 32301

    3beds
    --baths
    2,208sqft
    Multi Family
    Built in 1978
    -- sqft lot
    $314,100 Zestimate®
    $141/sqft
    $1,493 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: August 05, 2024 at 12:31pm

    Listed by:

    Jason C Naumann 850-933-0328,

    The Naumann Group Real Estate,

    Cole Davis 850-545-2111,

    The Naumann Group Real Estate

    Bought with:

    Devin Odom, 3525166

    Frog Real Estate Company, LLC

    Source: TBR,MLS#: 367426MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, Disposal, Range, Refrigerator, Washer
    Features
    • Entrance Foyer
    • Flooring: Carpet, Other, Vinyl, Wood
    • Has fireplace: No
    Interior area
    • Total structure area: 2,208
    • Total interior livable area: 2,208 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck
    • Exterior features: Deck
    Lot
    • Dimensions: 43 x 131 x 131 x 88
    Details
    • Parcel number: 120731131190000100

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Multi Family
    Materials
    • Frame
    Condition
    • Year built: 1978

    Community & neighborhood

    Location
    • Region: Tallahassee
    • Subdivision: Vantage Point Unrec

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,200 annually

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
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