816 Putnam Drive, Unit 1
Property Description
Excellent investment opportunity in Tallahassee! This well-maintained duplex offers two separate rental units, making it an ideal addition to an investment portfolio or an opportunity for an owner-occupant looking to offset living expenses with rental income. Both units feature functional floor plans, spacious living areas, attractive wood-look flooring, fully equipped kitchens with ample cabinet space, and comfortable bedrooms. The property also offers separately metered utilities, a roof approximately four years old, and individual driveways for convenient parking. One unit is currently tenant occupied at $1,225 per month on a month-to-month basis, while the other is vacant and ready for its next occupant. The seller estimates potential rents of $1,300 to $1,350 per unit, offering an opportunity to increase rental income. Conveniently located near downtown Tallahassee, shopping, dining, universities, and major roadways. Whether you're expanding your rental portfolio or exploring the benefits of house hacking, this duplex offers flexibility and income potential!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $299,900 |
| No. of Units: | 2 |
| Year Built: | 2005 |
| Opportunity Zone: | No |
| Price per unit: | $149,950 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 4 |
ID: 3yd-TBRFL-406519
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout