416 BELMONT RD
TALLAHASSEE, FL 32301

$550,000

N/A Beds

0 Baths

3,024 Sq Ft

Status Active

MLS# 372044

Great investment opportunity on quadraplex in fantastic location less than 2 miles East of historic downtown Tallahassee and Cascades Park. The central location makes these units easy to rent out! Four 2bed/1bath units. Fully rented with gross annual rent of $51,060. There is room to raise rents on two units by another $100 to $150 per month by making some easy updates. New roof in 2022. Low maintenance single story concrete block construction. Each unit has washer/dryer connections and a private patio. Two units have recently been updated with new paint, flooring, new light fixtures, ceiling fans, re-surfaced tub and more. Close to downtown, Cascades Park, shopping, restaurants, Tallahassee Memorial Hospital, Governor Square Mall and more! Additional pictures and property information is available upon request.

Details for 416 BELMONT RD

Built in 1970

$182 / Sq Ft

Central Air,Electric

Central, Electric

14 Days on website

Interior

Appliances

Range, Refrigerator

Flooring

Carpet, Clay, Concrete, Ceramic Tile, Vinyl

Living Area

3,024 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1970

Exterior And Lot

Parking Features

Assigned, Parking Space(s)

Utilities

Cooling

Central Air, Electric

Heating

Central, Electric

Area And Schools

City

Tallahassee

County Or Parish

Leon

Elementary School

Hartsfield

High School

Rickards

Middle Or Junior School

Fairview

Subdivision Name

Magnolia Office Center

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$4,914.00