Multi-Family Home In Yon S Lakeside Estates for sale in Tallahassee, FL

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. 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..

Year Built: 1982.

  • Price: $249,900
  • Bedrooms: 8
  • Bathrooms: 4
  • Square Feet: 3,400

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