Tallahassee, FL 32305,11350 Granny Lane #4
Tallahassee, FL 32305,11350 Granny Lane #4
Tallahassee, FL 32305,11350 Granny Lane #4
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$550,000
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12 Beds
7 Baths
Price Dropped by $25K

11350 Granny Lane #4 Tallahassee, FL 32305

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 383192

Bedrooms 12

Full Baths 7

Construction Status Brick 4 Sides,Siding - Aluminum,Siding - Wood

Property Sub-Type Multi-Family

Property Description

Investor Opportunity: This 10.52-acre income-producing property features two site-built homes and two mobile homes, all currently rented and generating a combined monthly income of $4,500. An additional tenant-owned mobile home and shed further contribute to steady lot rental income of $400 monthly. Main House is 4 bedrooms, 3 bathrooms. Second House: 3 bedrooms, 1 bathroom with recently renovated interior. Two Rental Mobile Homes and a Tenant-Owned Mobile Home renting lot space. Property highlights include a community well, separate septic systems for each house, a large 3-bay shop, a carport with storage, and zoning that allows for up to six total homes. Located in a Rural Zone, this property offers immediate cash flow with potential for increased rental income or future development. A rare opportunity to invest in a rental area with proven occupancy and growth potential!

Location

State FL

County Leon

Area Ne-01

Rooms

Other Rooms Screened Porch, Utility Room - Inside, Units Vary

Interior

Heating Units Vary

Cooling Central, Electric, Fans - Ceiling, Window/Wall

Flooring Units Vary

Equipment Range, Refrigerator, Wash/Dry Some

Exterior

Parking Features Individual Carport, Units Vary

Private Pool No

Building

Lot Description Units Vary

Story Story - One

Level or Stories Story - One

Construction Status Brick 4 Sides,Siding - Aluminum,Siding - Wood

Schools

Elementary Schools Woodville

Middle Schools Fairview

High Schools Rickards

Others

Ownership Pleitez

SqFt Source Other

Miscellaneous Fencing - Partial,Units Vary

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Realty One Group Next Gen

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Chrissy Shorter-Arnold

Chrissy Shorter-Arnold

Agent | License ID: SL3556087

+1(866) 727-6653

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11350 Granny Lane #4