1886 Nicklaus Court #A, Tallahassee, FL 32301 | MLS 358477 | Listing Information | Coldwell Banker Hartung, Inc., REALTORS
SOLD
$505,000
Date 07/07/2023

1886 Nicklaus Court #A
Tallahassee, FL 32301

Multi-Family
Residential
3,952
Sq. Ft.
N/A
Acre Lot
Courtesy: Optimizing CRE LLC
The Awesome Quadraplex is an amazing investment property that offers a great return on investment. It is a four-unit building located in a desirable area, next to golf course with easy access to amenities and transportation. This is a great opportunity for investors looking to diversify their portfolio and generate passive income. The Quadraplex is a well-maintained building with four separate units. Each unit has two bedrooms and two bathroom, making it ideal for the Tallahassee rental market. The units are spacious and have been recently renovated, making them attractive to potential tenants. Renters love this area, super easy to rent when dealing with tenant turnover. This property features 3 newer AC's, all Newer Water Heaters! It is close to shopping centers, restaurants, parks, state offices and other attractions. This makes it an ideal location for tenants who want to be close to all the action. Additionally, Nicklaus Court is located not to far from the two major universities & downtown. making it easy for tenants to commute to work or school. The Quadraplex offers investors a great return on investment. The rental income from the four units can provide a steady stream of passive income. Currently, the property is already producing $3850 gross monthly! Additionally, this property comes with a great value add benefit of having below average rents for the area. This quadraplex also offers investors the opportunity to increase their rental income by raising rents between $200-$400 per unit with little to now effort. Your monthly potential could be $4800-5,600 per month! This awesome quadraplex is an excellent investment opportunity that should not be overlooked!
358477
Multi-Family, Other
Leon
1984
Frame
Loading...
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

Loading...
Courtesy: Optimizing CRE LLC
The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Tallahassee Board of Realtors. Tallahassee Board of Realtors deems information reliable but not guaranteed.
This content last refreshed on 4/20/2024 7:20 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.