Overview
- 3 Bedrooms
- 1 Bathrooms
- 1,164 ft
- Year Built: 1952
Description
Property Overview:
Type: Single-Family Home
Bedrooms: 3
Bathrooms: 1
Square Footage: 1,164 sq. ft.
Lot Size: 10,454 sq. ft.
Year Built: 1951
Price: $79,000
Investment Highlights:
Prime Location: Situated in a desirable neighborhood of Tallahassee, close to shopping, dining, and entertainment options.
Potential for Value Addition: The property requires a new roof and comprehensive rehabilitation, presenting a lucrative opportunity for value addition.
Strong Rental Market: Tallahassee has a robust rental market, making this property an attractive option for long-term rental income.
Additional Features:
Spacious Lot: Generous lot size providing ample space for potential expansions or landscaping improvements.
Classic Architecture: Built in 1951, the property features a charming, classic architectural style, ideal for restoration projects.
Proximity to Amenities: Conveniently located near schools, parks, and public transportation, enhancing its appeal to future tenants or buyers.
Why Invest Here?
Affordable Entry Price: At $79,000, this property is competitively priced, offering a low entry cost for investors.
High ROI Potential: With the necessary improvements, the property can significantly increase in value, ensuring a strong return on investment.
Growing Market: Tallahassee’s real estate market is on the rise, with increasing property values and demand.