271 BERMUDA RD, TALLAHASSEE, FL 32312 (MLS # 297075)

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PRICE $400,000 dsIDX morgage calculator
BEDS 6
BATHS 5 baths
HOME SIZE 6,426 sq ft
LOT SIZE n/a

Calling all investors! Rental complex for sale in a high demand rental area! This complex is excellently located with quick access to Market Square, the Center of Tallahassee, close to midtown and Uptown. It consists of 4 structures: 1 triplex (Apt 1, 2, and 3) and 3 detached houses (apt 4, 5, and 6) for a total of 6 rental apartments. Apt 4 is newly vacant and is being cleaned up and prepped for a new tenant. It is expected to rent for at least $750/mo so more profits for the buyer! This property is grandfathered in to allow for more units than can be had anywhere else in the immediate area! Given the complex's long standing history of income it will qualify for commercial financing with ease. Note* Brown strips on carpet is paper laid out to protect it from dirt. Interior pictures are from unit 6. 9.5% cap rate is based off an estimated 30% expense rate.

DAYS ON MARKET 133 LAST UPDATED 12/7/2018
TRACT Not In Subdivision YEAR BUILT 0
COMMUNITY NW-02 COUNTY Leon
STATUS Conditional PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School SEALEY
Jr. High School RAA
High School LEON

PRICE HISTORY
Prior to Nov 3, '18 $425,000
Nov 3, '18 - Today $400,000


ADDITIONAL DETAILS
AIR Central, Electric, Fans - Ceiling
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Range, Refrig/Icemaker, Refrigerator, Units Vary
AREA NW-02
CONSTRUCTION Masonite, Other, Siding - Fiber Cement, Units Vary
GARAGE Area - Unassigned, Units Vary, Yes
HEAT Central
HOA DUES 0
INTERIOR Fencing - Partial, Units Vary
LOT DIMENSIONS 325x175x145x90
POOL DESCRIPTION No
SUBDIVISION Not In Subdivision
TAXES 3576
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 271 BERMUDA RD
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Listing provided by Raymond Uzonyi, Keller Williams Town & Country

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the MLS.

This IDX solution is (c) Diverse Solutions 2018.

Investors Realty of Tallahassee, Inc. | Tallahassee Real Estate Broker 850-510-4312

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