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Melissa Montalvo

melissa.montalvo@engelvoelkers.com +1(850) 556-3928

$ 299,900

Est. payment -/mo

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816 Putnam Drive #1-2 Tallahassee, FL 32301

6 Beds

4 Baths

1,841 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,841 sqft

Price per Sqft $162

MLS Listing ID 406519

Bedrooms 6

Full Baths 4

Construction Status Siding - Vinyl

Year Built 2005

Property Sub-Type Multi-Family

Property Description

Excellent investment opportunity in Tallahassee! This well-maintained duplex offers two separate rental units, making it an ideal addition to an investment portfolio or an opportunity for an owner-occupant looking to offset living expenses with rental income. Both units feature functional floor plans, spacious living areas, attractive wood-look flooring, fully equipped kitchens with ample cabinet space, and comfortable bedrooms. The property also offers separately metered utilities, a roof approximately four years old, and individual driveways for convenient parking. One unit is currently tenant occupied at $1,225 per month on a month-to-month basis, while the other is vacant and ready for its next occupant. The seller estimates potential rents of $1,300 to $1,350 per unit, offering an opportunity to increase rental income. Conveniently located near downtown Tallahassee, shopping, dining, universities, and major roadways. Whether you're expanding your rental portfolio or exploring the benefits of house hacking, this duplex offers flexibility and income potential!

Location

State FL

County Leon

Area Leon

Interior

Heating Central, Electric

Cooling Central, Electric, Fans - Ceiling

Flooring Others

Equipment Dishwasher, Range, Refrigerator, Wash/Dry Some

Exterior

Parking Features Area - Unassigned

Private Pool No

Building

Lot Description Kitchen - Eat In, Kitchen/Dining Room, Separate Living Room

Story Story - One

Level or Stories Story - One

Construction Status Siding - Vinyl

Schools

Elementary Schools Hartsfield

Middle Schools Cobb

High Schools Rickards

Others

Ownership Wang

SqFt Source Tax

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Listed by Superior Realty Group LLC

NEARBY SCHOOLS & PROPERTIES

Melissa Montalvo

Advisor License ID: SL3479200

+1(850) 556-3928

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