2273 Hartsfield Road

Tallahassee, FL 32303

$1,499,999
Price
Beds
11,980 Sq. Ft.
$125 / Sq. Ft.
11,980
Sq. Ft.
$125
per Sq. Ft.

Description

10-Unit Townhouse Portfolio, comprised of 5 Duplexes 100% Occupancy Property Consists of 2 street addresses: 2273 Hartsfield Rd #1, Tallahassee, FL 32303 2289 Hartsfield Rd #1, Tallahassee, FL 32303 Turn-key and High Cash Flow (over $142K in annual rental income) with ability to increase rents as leases are renewed All 10 of the Townhouses are in one self-contained community No HOA! Unit Mix: 8 - 3 bed / 3 bathroom units and 2 - 2 bed / 2 bathroom units Unit Sq/Ft: 1,100+ sq ft Perfect Multi-Family...10-Unit Townhouse Portfolio, comprised of 5 Duplexes 100% Occupancy Property Consists of 2 street addresses: 2273 Hartsfield Rd #1, Tallahassee, FL 32303 2289 Hartsfield Rd #1, Tallahassee, FL 32303 Turn-key and High Cash Flow (over $142K in annual rental income) with ability to increase rents as leases are renewed All 10 of the Townhouses are in one self-contained community No HOA! Unit Mix: 8 - 3 bed / 3 bathroom units and 2 - 2 bed / 2 bathroom units Unit Sq/Ft: 1,100+ sq ft Perfect Multi-Family Investment Property for individuals looking to expand their real estate investment portfolio and boost their cash flow. Recent upgrades and capital investments offer above-market rate potential and include new vinyl floors in all units and some new HVACs and washer/dryers All units have New Roofs that were installed within the last 2 years The entire parking lot and driveway entry was refinished less than 3 years ago All units have separately metered utilities.  Located less than 10 minutes from 2 major State Universities: 3 miles to FSU (Florida State University) 5 miles to FAMU (Florida Agricultural & Mechanical University) Combined Student Enrollment over 55,000 students
  1. Listed by Renata Jernigan • Lux Agency LLC

Property Details for 2273 Hartsfield Road

Parking Total
30.00

Location

Listing Courtesy of Lux Agency LLC
Add your commute
LISTING UPDATED: 03/19/2024 02:11 AM

Property Details for 2273 Hartsfield Road

StatusActive
MLS #369595
Days on Market51
Taxes$13,720 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built-
Lot Size1.00 AC / 43,560 SF
CountyLeon County

Location

Listing Courtesy of Lux Agency LLC
Add your commute

Building Information for 2273 Hartsfield Road

Stories-Residences10Year Built-Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

$9,329 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$1,143

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2273 Hartsfield Road

Summary
Location and General Information
  • City: TALLAHASSEE
  • County Or Parish: Leon
  • Directions: Use GPS
  • Postal Code: 32303
  • Latitude: 30.473308
  • Longitude: -84.325729
  • State Or Province: FL
Taxes and HOA Information
  • Parcel Number: 12073-21-22-51-094-103-0
  • Tax Annual Amount: $13,720.00
  • Tax Block: 0
Property
Lot Information
  • Building Area Total: 11980.0
  • Lot Size Acres: 1.0
Property and Assessments
  • Property Type: CommercialSale
  • Property Sub Type: MultiFamily
  • Property SubType Additional: MultiFamily
  • Human Modified: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Income & Expenses
  • Insurance Expense: $9,000
  • Other Expense: $19,901
  • Maintenance Expense: $1,930
  • Net Operating Income: $99,449
Rental
Rental Information
  • Lease Considered: No

Property History for 2273 Hartsfield Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2273 Hartsfield Road

This home is within Leon.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Astoria Park Elementary School
PublicPK to 5

Griffin Middle School
Public6 to 8

Amos P. Godby High School
Public9 to 12

Amikids
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2273 Hartsfield Road is a multi-family home for sale in Tallahassee, FL 32303. This property was listed for sale on March 12, 2024 by Lux Agency LLC, it's currently listed at $1,499,999. This listing's school district is Leon. Nearby schools include Astoria Park Elementary School, Griffin Middle School and Amos P. Godby High School. 2273 Hartsfield Road is a 0-bed, 0-bath, 11,980 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lux Agency LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.