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Great investment opportunity! Quadraplex that fronts Hilaman Golf Course on a spacious 0.62 acre lot with room to build another multi-family property. Zoned MR-1 which allows up to 20 units per acre. Each unit has 2 bedrooms and 2 full baths with it`s own private patio or balcony. Stunning views of the golf course overlooking two ponds. Great in-town location makes it easy to keep these units rented all year round. Less than a 10 minute drive to the heart of downtown Tallahassee and close to shopping, state offices, Southwood, Cascades and Tom Brown Park, restaurants, Governor Square Mall and more. The units have been well kept with various updates being made over the year including solid surface flooring in all the units. The current rents range from $1050 to $1220, but market rent for these units is $1200 to $1300 a month, so there is room to raise rents. The Quadraplex is technically 4 individually owned condos being sold together as one package. Units A, B, C and D each have their own parcel I.D.
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Joe Manausa
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