Please stand by.
USDAProperties.com is verifying property eligibility...

 

 

 

$485,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
522 Terrace St Unit 522-1
Tallahassee, FL 32308
4 bed 4 bath 2,348 SqFt ($206/SqFt)
Built 1937
Listed 2024-07-05
Ⓧ USDA Ineligible
due to location

near Tallahassee

PROPERTY IS TENANT OCCUPIED.MUST HAVE APPOINTMENT TO SEE.

* Has Contingent Offer *

LOCATION, LOCATION, LOCATION. This is TWO duplexes. Great investment oppurtunity. Less than 2 mils from FSU. Close to state offices, rest aurants and more. All units are 1BDR/1BTH. Seller has owned units since 1985 and has never had an issue renting them.

Unit 526/A rent is for the unit and 2 storage units located behind 522/524 as seen in pictures. Units 526/B, 522 and 524 are rented for $800. Rents are below market. All units have leases till 12/31/2024.


Presented by " Amanda Drake " at
Drake Real Estate Inc.
Listing Agent Photo

Property MLS #374440 from Tallahassee

Bedrooms: 4

Family Room
Kitchen - Galley
Units Vary
Interior Amenities: Utility Room - Inside, Utility Room - Outside, Units Vary
Flooring: Off Grade, Vinyl, Wood

Range
Refrigerator
Smoke Detector
Units Vary

Cooling Features: Central, Electric
Heating Features: Central, Electric

Full Bathrooms: 4

Road Frontage Type: Street

Lot Size Dimensions: 100X83X100X83

Parking Features: On Street

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Kate Sullivan Elementary
High School: LEON
Middle School: COBB

Elizabeth Cobb Middle School is a public middle school located approximately 0.3 miles away.
directions icon Map directions

Leon High School is a public high school located approximately 0.3 miles away.
directions icon Map directions

Kate Sullivan Elementary School is a public elementary school located approximately 0.4 miles away.
directions icon Map directions

Trinity Catholic School is a private elementary and middle school located approximately 0.2 miles away.
directions icon Map directions

Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 3
Total Rooms in Unit-4: 3
Unit-1 Description: A/1BDR
Unit-2 Description: B/1BDR
Unit-3 Description: 1BDR
Unit-4 Description: 1BDR
Unit-1 Square Feet: 772
Unit-2 Square Feet: 572
Unit-3 Square Feet: 502
Unit-4 Square Feet: 502
Unit 1 Total Actual Rent: 1000
Unit 2 Total Actual Rent: 800
Unit 3 Total Actual Rent: 800
Unit 4 Total Actual Rent: 800

Lease Term: Units Vary
Rent Includes: Water, Units Vary

Deck
Units Vary
Annual Tax Amount: 4374
Source Listing Status: Active
County: Leon
Directions: Hillcrest St to E Georgia St. Duplexes are on the corner of E Georgia and Terrace St.
Source Property Type: Multi-Family
Home Warranty: No
Area: NE-01
Source Neighborhood: TALAFLO TERRACE
Owner Pays: Insurance, Maintenance/Repairs, Taxes, Water/Sewer
Parcel Number: 1131860050010
Subdivision: TALAFLO TERRACE
Source System Name: C2C

Listed 2024-07-05
$485,000
Tallahassee

Total Square Feet Living: 2348
Year Built: 1937
Construction Materials: Siding - Fiber Cement, Siding - Vinyl
Floor Plan: Story - One
Property Age: 87
Levels or Stories: Story - One
Click Thumbnail Images To View Full Size
house_viewporchporchyardhouse_view
unknownunknownliving_roomliving_roomliving_room
kitchenlaundry_roomlaundry_roombedroombedroom
bedroombathroomliving_roomliving_roomliving_room
kitchenkitchenbedroombedroombathroom
bedroombedroombathroomliving_roomliving_room
living_roomlaundry_roomkitchenkitchenliving_room
living_roomliving_roombedroombedroombathroom
house_viewporch

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.