Here is your opportunity to own a multi-family property for less than what it would cost to build them today. This property hasn't come to market in almost 40 years. This property is TWO duplexes (4 units total) on a one-acre lot - 5011/5013 Center Drive and 806/808 Starnes Road. $249,000 IS FOR BOTH DUPLEXES. Each duplex has a 2 bedroom, 1 bathroom apartment on each side and all units are identical. Each unit is occupied by a long-term tenant. These units were built to be low maintenance and withstand the rigors of long-term tenants. The buildings feature metal roofs, brick knee-walls all the way around the building perimeter, vinyl siding (which is on top of T-111 siding underneath), full tile flooring, commercial metal doors, open floor plans, full-tile bathrooms, and central heat & air. These buildings qualify for a federal grant which will pay 100% of the cost of hooking all units up to city sewer services. Once the main sewer lines are installed in the street (by the City of Tallahassee), all four units will be hooked up to the sewer system AT NO COST TO THE LANDOWNER. This is a savings of $30,000-$40,000. Leon County projects the project to be completed in the next 12 months. Selling AS-IS.
Based on the average sale price from the Tallahassee, FL office
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
5011-5013 Center Drive Tallahassee, FL is a Single Family Home for sale at $230000 with 3400 sqft and a lot size of Acre(s). 5011-5013 Center Drive Tallahassee has 4 bedrooms, 4 baths and was built in 1982. The property's zip code is 32305 which is in Tallahassee, FL
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.