914 Preston St Street, TALLAHASSEE, FL 32304 (MLS # 298512)

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PRICE $150,000 dsIDX morgage calculator
BEDS 3
BATHS 1 bath
HOME SIZE 2,562 sq ft
LOT SIZE n/a

Calling all Investors! Here's an opportunity for a STRONG ROI. This opportunity is fully rented and has been consistently for many years. With the present monthly rent of $1,740 and anticipated expense rate of 30% you are looking at a rare cap rate of just a hair below 10%! With a little dressing up monthly rent can easily go up to $1,800/mo for that big 10%! This property sits just a few small blocks away from the surging new development in French Town and is just a short trip from the Florida State University campus. Built for durability and yet comfortable. Buy in now before development drives prices up! Property comes with large area in the rear of the buildings for parking. *Expenses in the above listing information are estimated.*

DAYS ON MARKET 63 LAST UPDATED 9/22/2018
TRACT GRIFFIN COLLEGE HEIGHTS YEAR BUILT 1960
COMMUNITY NW-02 COUNTY Leon
STATUS Conditional PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School RILEY
Jr. High School GRIFFIN
High School GODBY


ADDITIONAL DETAILS
AIR Electric, Fans - Ceiling, Window/Wall
AIR CONDITIONING Yes
APPLIANCES Range, Refrigerator, Smoke Detector, Units Vary
AREA NW-02
CONSTRUCTION Concrete Block, Stucco
GARAGE Area - Unassigned, Yes
HEAT Electric, Heat Pump, Units Vary
HOA DUES 0
INTERIOR Fencing - Partial, Patio - Common
LOT DIMENSIONS 126x75
POOL DESCRIPTION No
SUBDIVISION GRIFFIN COLLEGE HEIGHTS
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only

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CONTACT US ABOUT 914 PRESTON ST STREET
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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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