$1,600,000
$2,200,000
27.3%For more information regarding the value of a property, please contact us for a free consultation.
2601 MCKEITHEN Court #1-17 Tallahassee, FL 32304
12 Beds
12 Baths
1,173 SqFt
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,173 sqft
Price per Sqft $1,364
Subdivision Mckeithen Commons
MLS Listing ID 382559
Sold Date 06/24/25
Bedrooms 12
Full Baths 12
Construction Status Frame,Siding - Vinyl
Year Built 2009
Lot Dimensions 200X240X100X240
Property Sub-Type Multi-Family
Property Description
This is a great opportunity for potential investors and landlords! The 17 unit complex with 3 bedroom and 3 bathroom each is located in a prime location close to Florida State University and Tallahassee Community College, making it ideal for students and young professionals. The units were built in 2009, ensuring a modern and well-maintained living experience for tenants. With a projected rental income of $250,000 per year, this property has the potential to generate a substantial return on investment. If you're looking for a smart real estate investment in a growing market, this property is definitely worth considering! Additionally, the property is even more flexible, as each unit has its own deed, meaning that the new owner can sell them separately if desired.
Location
State FL
County Leon
Area Ne-01
Rooms
Other Rooms Utility Room - Inside
Interior
Heating Central, Electric
Cooling Central, Electric, Fans - Ceiling, Heat Pump
Flooring Carpet, Ceramic/Clay, Laminate
Equipment Dishwasher, Disposal, Fire Alarm, Microwave, Range, Refrig/Icemaker, Smoke Detector, Wash/Dry All
Exterior
Parking Features Covered Parking, Individual Carport
Private Pool No
Building
Lot Description Family Room, Kitchen with Bar
Story Story - Two plus
Level or Stories Story - Two plus
Construction Status Frame,Siding - Vinyl
Schools
Elementary Schools Riley
Middle Schools Nims
High Schools Godby
Others
Ownership Ho
SqFt Source Tax
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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