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1614 S Meridian Street 4, Tallahassee, FL 32301

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For Sale

$749,900

8 beds6 baths

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

This fantastic Historic property has been managed as a registered rooming house for almost 30 years by the present seller, and a few years before that by prior owner.  It could also be an AirBnB.  All tenants have been moved out for ease of selling and inspections. The original 1940 house has 5 bedrooms, most recently rented at $695 per month.  The 1960 addition ( West Wing it was called by the original owners), consists of two 800 sq ft efficiency apartments, one most recently rented at $1150, the other lived in by the seller and would rent for $1500.  Finally, the detached garage efficiency apartment was rented to a friend but would rent at $850.  Total income potential would be $6975.  Some kitchen repairs are needed, discovered during cleanout.  Total 4800 sq ft under roof. 4 kitchens, 3 fireplaces, 6 full bathrooms, gunnite salt pool.  Outdoor kitchen and fire pit, and three storage sheds. Ample off-street assigned parking spots. Also RV storage site with hookups, could also be rented.  Back of property fenced, so it s private.  Large list of upgrades made is in associated documents.  Finally, there is potential for subdivision and building additional units or selling that land.
MLS# 385986

Courtesy Of Coldwell Banker Hartung and Noblin

(850) 386-6160

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Ceiling Fan
  • Appliances
    Dishwasher, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Brick, Wood Siding
  • Fireplace
    Fireplace
  • Floor Covering
    Tile, Tile - Ceramic, Wood

Home seller CENTURY 21 First Story Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 First Story Real Estate

(850) 727-0066
Learn More About Us

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