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    1215 Hernando Drive , #2

    Tallahassee, FL 32304
    • $75,000
    • STATUS: Active
    • ON SITE: 35 days
    • MLS #: 327898
    UPDATED: 71 min ago
    $75,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Investment opportunity in an area that is transitioning. Property can rent upwards between $625 and $725 depending on how you finish renovations. Great opportunity: I estimate around $24k for repairs which includes a roof (get your own estimates) which with rent and vacancy ratio of 10% generates a 10CAP with a 6% C-on-C return.

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    © 2021 CAPITAL AREA TECHNOLOGY & REALTOR® SERVICES, INC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Goldband | Xcellence Realty. Data last updated: 2021-03-05T17:14:33.09.
    www.tallahasseehomesandland.com/homes/113721502
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    1215 Hernando Drive , #2 Tallahassee, FL 32304

    • Price: $75,000
    • Status: Active
    • Updated: 71 min ago
    • MLS #: 327898
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1955
    Built
    Neighborhood:
    Elberta Empire
    County:
    Leon
    Area:
    Sw-04
    Elementary School:
    Pineview
    Middle School:
    Nims
    High School:
    Rickards
    Property Description
    Investment opportunity in an area that is transitioning. Property can rent upwards between $625 and $725 depending on how you finish renovations. Great opportunity: I estimate around $24k for repairs which includes a roof (get your own estimates) which with rent and vacancy ratio of 10% generates a 10CAP with a 6% C-on-C return.
    Exterior Features

    Architectural Style One Story Construction Materials FrameVinyl Siding Parking Features Unassigned Pool Private YN No

    Interior Features

    Appliances RangeRefrigerator Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace YN No Flooring Carpet Heating None Heating YN No

    Property Features

    Association Fee 0 Building Area Total 1275 Home Warranty YN No Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Terms Cash Owner Pays Other Property Sub Type Multi Family Property Sub Type Additional Multi Family Rent Includes None Special Listing Conditions Standard

    Listing information © 2021 Capital Area Technology & Realtor Services
    Listing provided courtesy of Sealey Real Estate Solutions.


    © 2021 CAPITAL AREA TECHNOLOGY & REALTOR® SERVICES, INC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Goldband | Xcellence Realty. Data last updated: 2021-03-05T17:14:33.09.
     
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    Team Goldband | Xcellence Realty
    113 S. Monroe St.
    Tallahassee FL, 32301