2601 Mckeithen Court, Unit 117

Tallahassee, FL 32304

$2,650,000
Price
—
Beds
1,173 Sq. Ft.
$2,259 / Sq. Ft.
1,173
Sq. Ft.
$2,259
per Sq. Ft.

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....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.
  1. Listed by Xian Long • Gary Bartlett Real Estate

Property Details for 2601 Mckeithen Court, Unit 117

Architectural Style
TwoStory
Parking Features
Covered, Carport
Subdivision Name
MCKEITHEN COMMONS
LISTING UPDATED: 09/30/2024 12:17 PM

Property Details for 2601 Mckeithen Court, Unit 117

StatusActive
MLS #368965
Days on Market264
Taxes$25,545 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Multi Family
Year Built2009
Lot Size-
CountyLeon County

Building Information for 2601 Mckeithen Court, Unit 117

Stories-Residences17Year Built2009Building Size-Lot Size-

Property Information for 2601 Mckeithen Court, Unit 117

Summary
Location and General Information
  • City: TALLAHASSEE
  • County Or Parish: Leon
  • Directions: Tennessee St turn left onto Mckeithen St, the property is on the right.
  • Postal Code: 32304
  • Latitude: 30.450031
  • Longitude: -84.335797
  • State Or Province: FL
Taxes and HOA Information
  • Parcel Number: 12073-21-28-35-000-101-0
  • Association Fee: $.00
  • Tax Annual Amount: $25,545.00
School Information
  • Elementary School: RILEY
  • High School: GODBY
  • Middle Or Junior School: NIMS
Parking
  • Carport: Yes
Property
Lot Information
  • Building Area Source: Assessor
  • Building Area Total: 1173.0
  • Lot Size Dimensions: 200X240X100X240
Property and Assessments
  • Property Type: Residential
  • Property Sub Type: MultiFamily
  • Property SubType Additional: MultiFamily
  • Year Built: 2009
  • Documents Available: Financials, Lease, RentRolls
  • Human Modified: No
Interior and Exterior Features
Exterior Features
  • Pool Private: No
  • Construction Materials: Frame, VinylSiding
  • Security Features: SmokeDetectors
Interior Features
  • Flooring: Carpet, Clay, CeramicTile, Laminate
  • Cooling: Yes
  • Cooling: CentralAir, CeilingFans, Electric, HeatPump
  • Heating: Yes
  • Heating: Central, Electric
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, RefrigeratorWithIceMaker, Washer
  • Fireplace: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 17
Income & Expenses
  • Gross Income: $2,500,000
Rental
Rental Information
  • Rent Includes: Gardener
  • Lease Considered: No
  • Lease Term: TwelveMonths

Property History for 2601 Mckeithen Court, Unit 117

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2601 Mckeithen Court, Unit 117

This home is within Leon.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
John G Riley Elementary School
PublicPK to 5

R. Frank Nims Middle School
Public6 to 8

Amos P. Godby High School
Public9 to 12

Lively Technical Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2601 Mckeithen Court, Unit 117 is a multi-family home for sale in Tallahassee, FL 32304. This property was listed for sale on February 26, 2024 by Gary Bartlett Real Estate, it's currently listed at $2,650,000. This listing's school district is Leon. Nearby schools include John G Riley Elementary School, R. Frank Nims Middle School and Amos P. Godby High School. 2601 Mckeithen Court, Unit 117 is a 0-bed, 0-bath, 1,173 sqft multi-family home built in 2009.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gary Bartlett Real Estate

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.