1660 Kay AveTallahassee, FL 32301

Property Details for 1660 Kay Ave

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional eight-unit apartment building presents a lucrative investment opportunity in Tallahassee, Florida. Located in the desirable Hilaman Park neighborhood, this property boasts a prime location offering convenient access to Southwood Community, Governor Square Mall, Apalachee Parkway, and Downtown Tallahassee. Each unit averages 1,235 square feet, and all units underwent a complete update in 2023. Six of the eight units are fully furnished, providing immediate rental income potential. The property's unique setting overlooks the 14th green of the Hilaman Golf Course, an 18-hole municipal course, adding to its appeal. The surrounding area is rich with amenities, including numerous grocery stores, restaurants, shops, and professional offices. This multifamily property offers flexibility for both long-term and short-term rentals, including potential Airbnb opportunities. The asking price is $1,595,000, and owner financing is available, making this an attractive proposition for discerning investors. The property is situated at 1660 Kay Ave, Tallahassee, FL 32301, in Leon County.

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.4134

Longitude

-84.2494

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