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306 S Lipona Road , -

Tallahassee, FL 32304
  • $2,160,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 364820
UPDATED: 19 min ago
$2,160,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2005
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Welcome to the exclusive Lipona Pines, a rare find in the heart of Tallahassee's college living, a student duplex property steps from Florida State University's main campus. This extraordinary investment opportunity encompasses four duplex buildings (24 bedrooms),100% rented out, making it an ideal choice for savvy investors. Property Highlights: Prime Location: Nestled within walking distance of Florida State University and the iconic Doak Campbell Stadium, this property boasts unparalleled convenience for students, ensuring high demand for years to come. High Rental Demand: With all units currently occupied, you can take advantage of the consistent rental income from day one. The popularity of this location among students guarantees a steady stream of prospective tenants. Optimal Unit Configuration: Each of the eight units is designed with the modern student in mind, featuring three bedrooms and three bathrooms. This layout ensures maximum privacy and comfort, making it a sought-after choice among students. Ample Private Parking: Parking woes are a thing of the past here. The property offers ample private parking space for both tenants and guests, enhancing the overall convenience and desirability of the units. Excellent Condition: The property is meticulously maintained, ensuring a hassle-free ownership experience. You can invest with confidence, knowing that your property is in top-notch condition and ready to welcome new tenants. Below-Market Rents: Currently, the rents are considerably below market rates, offering a unique opportunity to increase your rental income. By adjusting the rental prices to match the market rates, you can significantly enhance your investment's profitability. Why Invest Here? This duplex property represents more than just bricks and mortar; its a gateway to a lucrative investment opportunity. The high demand for student housing in this area, coupled with the property's exceptional condition and strategic location, makes it a wise choice for investors looking for stable and growing returns. Act Now! Dont miss out on this golden opportunity to own a premium student rental property near FSU. With high demand, prime location, optimal unit layouts, and room for increased revenue, this investment is a strategic move for your portfolio. SHOWN BY APPOINTMENT ONLY

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© 2023 CAPITAL AREA TECHNOLOGY & REALTOR® SERVICES, INC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Anchor Realty Florida/Tallahassee. Data last updated: 2023-12-05T07:14:40.977.
www.anchortallahassee.com/homes/144575003
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306 S Lipona Road , - Tallahassee, FL 32304

  • Price: $2,160,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 19 min ago
  • MLS #: 364820
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2005
Built
Neighborhood:
Prince Murat Hills
County:
Leon
Area:
Nw-02
Elementary School:
Riley
Middle School:
Nims
High School:
Godby
Property Description
Welcome to the exclusive Lipona Pines, a rare find in the heart of Tallahassee's college living, a student duplex property steps from Florida State University's main campus. This extraordinary investment opportunity encompasses four duplex buildings (24 bedrooms),100% rented out, making it an ideal choice for savvy investors. Property Highlights: Prime Location: Nestled within walking distance of Florida State University and the iconic Doak Campbell Stadium, this property boasts unparalleled convenience for students, ensuring high demand for years to come. High Rental Demand: With all units currently occupied, you can take advantage of the consistent rental income from day one. The popularity of this location among students guarantees a steady stream of prospective tenants. Optimal Unit Configuration: Each of the eight units is designed with the modern student in mind, featuring three bedrooms and three bathrooms. This layout ensures maximum privacy and comfort, making it a sought-after choice among students. Ample Private Parking: Parking woes are a thing of the past here. The property offers ample private parking space for both tenants and guests, enhancing the overall convenience and desirability of the units. Excellent Condition: The property is meticulously maintained, ensuring a hassle-free ownership experience. You can invest with confidence, knowing that your property is in top-notch condition and ready to welcome new tenants. Below-Market Rents: Currently, the rents are considerably below market rates, offering a unique opportunity to increase your rental income. By adjusting the rental prices to match the market rates, you can significantly enhance your investment's profitability. Why Invest Here? This duplex property represents more than just bricks and mortar; its a gateway to a lucrative investment opportunity. The high demand for student housing in this area, coupled with the property's exceptional condition and strategic location, makes it a wise choice for investors looking for stable and growing returns. Act Now! Dont miss out on this golden opportunity to own a premium student rental property near FSU. With high demand, prime location, optimal unit layouts, and room for increased revenue, this investment is a strategic move for your portfolio. SHOWN BY APPOINTMENT ONLY
Exterior Features

Architectural Style Two Story Construction Materials Brick Vinyl Siding Parking Features Assigned Covered Parking Spaces Pool Private YN No

Interior Features

Appliances Dishwasher Disposal Microwave Range Refrigerator Cooling Central Air Ceiling Fans Electric Cooling YN Yes Fireplace YN No Flooring Carpet Vinyl Wood Heating Central Electric Heating YN Yes Interior Features Pantry

Property Features

Association Fee 0 Building Area Total 11808 Home Warranty YN No Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Owner Pays Insurance Management Pest Control Repairs Sewer Taxes Water Possession Close Of Escrow Property Sub Type Multi Family Property Sub Type Additional Multi Family Rent Includes Pest Control Security Features Smoke Detectors Tax Annual Amount 13462

Listing information © 2023 Capital Area Technology & Realtor Services
Listing provided courtesy of The Naumann Group Real Estate: 850-325-1681.


© 2023 CAPITAL AREA TECHNOLOGY & REALTOR® SERVICES, INC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Anchor Realty Florida/Tallahassee. Data last updated: 2023-12-05T07:14:40.977.
 
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Anchor Realty Florida/Tallahassee
1309 Thomasville Road, Suite 308
Tallahassee FL, 32303