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416 Belmont Road # - Tallahassee, FL $ 550,000
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416 Belmont Road # -
$ 550,000
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416 Belmont Road # -

Tallahassee, FL, 32301
$ 550,000
Baths0.0 Sq 3,024

Monthly Estimate*

$ 3,655

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Studio

Multi-Family Home for sale in Tallahassee, FL

for $550,000. This 3,024 square foot home was built in 1970.

Great investment opportunity on quadraplex in fantastic location less than 2 miles East of historic downtown Tallahassee and Cascades Park. The central location makes these units easy to rent out! Four 2bed/1bath units. Fully rented with gross annual rent of $51,060. There is room to raise rents on two units by another $100 to $150 per month by making some easy updates. New roof in 2022. Low maintenance single story concrete block construction. Each unit has washer/dryer connections and a private patio. Two units have recently been updated with new paint, flooring, new light fixtures, ceiling fans, re-surfaced tub and more. Close to downtown, Cascades Park, shopping, restaurants, Tallahassee Memorial Hospital, Governor Square Mall and more! Additional pictures and property information is available upon request.

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Multi-Family Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,914

Style

One Story

Year Built

1970

Town/City

Tallahassee

County/Region

Leon

MLS | Web ID

372044
Features
General
Heating Central Electric
Cooling CentralAir Electric
Possession CloseOfEscrow
Appliances Range Refrigerator
HOA 0.0
Patio/Porch Features Patio
Architectural Style OneStory
Security Features SmokeDetectors
Construction Materials Block Concrete WoodSiding
Year Built 1970
Stories 1
Unit Number -
Property SubType MultiFamily
Gross Income 51060.0
County Leon
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name Magnolia Office Center
Garage Y/N N
Rent Includes Gardener
Special Listing Conditions Standard
Status Active
Directions East on Mahan Right on Magnolia Left on Call St Left on Belmont
High School RICKARDS
City TALLAHASSEE
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area NE-01
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Belmont
Listing Terms Cash Conventional
Elementary School HARTSFIELD
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4914.0
Home Warranty Y/N N
Middle/Junior High School FAIRVIEW
Ok to Lease Item12Months
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 7
Standard Status Active
Tax Lot 23
Total Actual Rent 10.8
Property Sub Type Additional MultiFamily
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Interior
Flooring Carpet Clay Concrete CeramicTile Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Road
Electric On Property Y/N N
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Exterior
Parking Features Assigned ParkingSpaces
Spa N
Building Area Total 3024.0
Lot Dimensions 130x80x130x80
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 416
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* Excluded Features
List By
Amac Real Estate Co.

Broker

Affordability Calculator

$4,065
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,655
Monthly Property Taxes
$410
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3570948 Elementary School
419021 Middle School
Rickards High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/9/2024$550,000 Listed Price

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416 Belmont Road # -, Tallahassee, FL, 32301 is a Multi-Family Home for sale at $550,000 with 3,024 sqft. 416 Belmont Road # - is a studio with 0.0 baths and was built in 1970. The property's zip code is 32301 which is in Tallahassee, FL

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