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311 Vantage Point Lane # Apt. 37, 38, 39 Tallahassee, FL $ 325,000
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311 Vantage Point Lane # Apt. 37, 38, 39
$ 325,000
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311 Vantage Point Lane # Apt. 37, 38, 39

Tallahassee, FL, 32301
$ 325,000
Baths0.0 Sq 2,208

Monthly Estimate*

$ 2,270

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Studio

Multi-Family Home for sale in Tallahassee, FL

for $325,000. This 2,208 square foot home was built in 1978.

Gray and white pictures are digital renderings of what the exterior could look like painted. Welcome to a rare investment in the heart of Tallahassee! This triplex, one of five available for sale, offers a prime opportunity for investors looking for already stable rental income. Each unit is a 1-bedroom, 1-bathroom, currently rented below market rate at $750-$900 per month. Rents can be in the $1000-$1100 range with some upgrades. The future owner can benefit from existing leases while having the option to increase rental rates over time. The affordable rental rates make these units highly attractive to a wide range of tenants, always ensuring low vacancy rates. Situated in a desirable neighborhood right off Park Ave and Magnolia, tenants enjoy close proximity to local restaurants, parks, and entertainment.

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Multi-Family Active

Price

$ 325,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,289

Style

Two Story

Year Built

1978

Town/City

Tallahassee

County/Region

Leon

MLS | Web ID

367438
Features
General
Interior Features TrayCeilings VaultedCeilings
Heating Central Electric
Cooling CentralAir CeilingFans Electric
Possession CloseOfEscrow
Appliances Dishwasher Disposal Range Refrigerator WasherDryer
Exterior Features Deck
HOA 0.0
Patio/Porch Features Deck
Architectural Style TwoStory
Construction Materials Cedar RedwoodSiding
Year Built 1978
Unit Number Apt. 37 38 39
Property SubType MultiFamily
County Leon
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name Vantage Point Unrec
Garage Y/N N
Rent Includes Other
Special Listing Conditions Standard
Status Active
Directions Magnolia to Hays St to R on Smith Left on Vantage Point Lane
High School LEON
City TALLAHASSEE
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area NE-01
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Vantage Point
Listing Terms Cash Conventional
Elementary School HARTSFIELD
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3289.0
Home Warranty Y/N N
Middle/Junior High School COBB
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 10
Standard Status Active
Tax Lot 11
Property Sub Type Additional MultiFamily
Buyer Agent Compensation Type Item1
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Exterior
Parking Features Unassigned
Spa N
Building Area Total 2208.0
Lot Dimensions 101x113x100x131
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Lane
Electric On Property Y/N N
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Internal Only
Street Number 1 311
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* Excluded Features
List By
The Naumann Group Real Estate

Broker

Affordability Calculator

$2,544
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,270
Monthly Property Taxes
$274
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
3571031 Elementary School
3218691 Middle School
Leon High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/15/2024$325,000 Listed Price

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311 Vantage Point Lane # Apt. 37, 38, 39, Tallahassee, FL, 32301 is a Multi-Family Home for sale at $325,000 with 2,208 sqft. 311 Vantage Point Lane # Apt. 37, 38, 39 is a studio with 0.0 baths and was built in 1978. The property's zip code is 32301 which is in Tallahassee, FL

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