FL > Tallahassee
Tallahassee, FL 32301,1614 S Meridian Street #4
Tallahassee, FL 32301,1614 S Meridian Street #4
Tallahassee, FL 32301,1614 S Meridian Street #4
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$725,000
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8 Beds
6 Baths
4,736 SqFt
Price Dropped by $24K

1614 S Meridian Street #4 Tallahassee, FL 32301

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Gay Steffen

Gay Steffen

+1(850) 519-2701

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,736 sqft

Price per Sqft $153

MLS Listing ID 385986

Bedrooms 8

Full Baths 6

Construction Status Brick 4 Sides,Siding - Wood

Year Built 1940

Property Sub-Type Multi-Family

Property Description

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.

Location

State FL

County Leon

Area Ne-01

Rooms

Other Rooms Basement, Foyer, Pantry

Interior

Heating Central, Electric, Fireplace - Wood, Units Vary

Cooling Central, Electric, Fans - Ceiling, Units Vary

Flooring Ceramic/Clay, Wood

Equipment Dead Bolt, Dishwasher, Range, Refrigerator

Exterior

Parking Features Assigned Spaces

Pool Concrete, Pool - In Ground, Pool Equipment

Private Pool Yes

Building

Lot Description Kitchen - Eat In, Separate Dining Room, Separate Living Room, Units Vary

Story Story - Two plus

Level or Stories Story - Two plus

Construction Status Brick 4 Sides,Siding - Wood

Schools

Elementary Schools Hartsfield

Middle Schools Cobb

High Schools Rickards

Others

SqFt Source Other

Miscellaneous Deck,Fencing - Partial,Patio - Common,Storage Shed

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Coldwell Banker Hartung

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agent

Gay Steffen

Agent | License ID: 523778

+1(850) 519-2701

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1614 S Meridian Street #4