1244 Continental CtTallahassee, FL 32304

Property Details for 1244 Continental Ct

Year built

1982

Property size (Sq ft)

640 SF

Property type

Residential income homes

Description

This exceptional investment opportunity presents a four-unit townhome complex located at 1244, 1246, 1248, and 1250 Continental Ct, Tallahassee, FL 32304. Built in 1982, this Class B multifamily property consists of four single-story buildings, each featuring one-bedroom, one-bathroom townhomes. The units boast 640 to 2,560 square feet and are currently 100% leased, offering immediate cash flow. Each townhome includes updated kitchens and appliances, updated bathrooms, a small backyard patio, and convenient front door parking. The property benefits from central heat and air, updated kitchen appliances (dishwasher, refrigerator, stove), tray ceilings in the kitchen and bathroom, vaulted ceilings in select units, window treatments, and handicap accessibility in at least one unit. The location is highly desirable, situated on the west side of Tallahassee, just off Ocala Street, providing easy access to Ocala Street and Tennessee Street. Its proximity to restaurants, shops, and grocery stores enhances its appeal. Furthermore, its convenient location near Florida State University, Florida A&M University, and Tallahassee Community College ensures a consistent tenant pool. The property is zoned MR-1. The asking price is $436,380, representing $109,095 per unit (units sold together, not separately). Detailed financial information is available upon request.

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.4547

Longitude

-84.3188

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