NOT LISTED FOR SALE

2245 S Meridian St Unit 1 & 2 Tallahassee, FL 32301

South City Neighborhood
4 Beds
6 Baths
2,658 Sq Ft
2007 Built

Last Sold December 15, 2023

Last sale price $185,000 $70 Per Sq Ft

74 Days on Market

Highlights

  • Primary Bedroom Suite
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Deck
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of December 2023

Great low maintenance income producing properties! Perfect intown location, one block south of Capital City Country Club golf course and convenient to state offices and downtown. These units are very easy to rent & stay leased. ALL THREE DUPLEXES ARE PRICED AS A PACKAGE - at 575k. 2245 is a two-story duplex, 2658square feet on 0.19 acres and each unit is a two bedroom, two full bath & one half bath; 2243 & 2247 are single story duplexes, 2030 square feet on 0.23 acres with two bedrooms and two full bathrooms. **Seller financing at 6.5% with at least 15% down available to Qualified Buyers!**

Last Agent to Sell the Property

Caitlin Saunders

The Naumann Group Real Estate License #3358061 Listed on: 09/07/2023

The Naumann Group Real Estate

Last Buyer's Agent

M. Sullivan Ellinor

A Broker's Concierge License #3363171

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007

Parking

  • Unassigned Parking

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,658 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs
  • Primary Bedroom Suite

Outdoor Features

  • Deck

Schools

  • Bond Elementary School
  • Cobb Middle School
  • Rickards High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • Golf Drive Manor Subdivision
  • Gross Income $20,100

Listing and Financial Details

  • The owner pays for lawn maintenance
  • Legal Lot and Block 2 / B
  • Assessor Parcel Number 12073-31-07-45- B-002-0

Property Details

Home Type

Multi-Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 2
  • Sold Price Per Sq Ft: 69.6
  • Subdivision: GOLF DRIVE MANOR
  • Tax Database Id: 9
  • Tax Item Number: 310745 B0020
  • Type: Multi-Family
  • Miscellaneous Items: Deck
  • L V T Date: 09/07/2023
  • Street Designation: Street
  • Total Sq Ft: 2658
  • Year Built: 2007
  • Directions: From S Monroe, L on Magnolia, R on S Meridian, Units on LEFT after Yeager St.
  • Elementary School: BOND
  • Geo Longitude: -84.276849
  • High School: RICKARDS
  • Middle School: COBB
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Vinyl Tile, Vinyl
  • Equipment: Dead Bolt, Dishwasher, Range, Refrigerator, Smoke Detector
  • Floor Plan: Story - Two plus
  • Living Area Description: Kitchen - Eat In, Separate Living Room
  • Other Rooms: Master Bedroom - Up, Master Bedroom - Suite

Exterior Features

  • Construction: Frame, Siding - Vinyl

Garage/Parking

  • Parking: Area - Unassigned

Utilities

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central, Electric, Fans - Ceiling

Condo/Co-op/Association

  • Unit: 1 & 2

Schools

  • Elementary School: BOND
  • Middle School: COBB
  • High School: RICKARDS

Lot Info

  • Lot Dimensions: 165X50X165X50
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: Units Vary
  • Tenants Rent Includes: Lawn Maintenance

Multi Family

  • Capitalization Rate: 3.72
  • Gross Income: 20100
  • Gross Rent Multiplier: 11.1
  • Operating Exp Accuracy: Books Avail w/Contract, Owner Provided
  • Owners Expenses: Com Area Maint/Assoc Fee, Insurance, Maintenance/Repairs, Management, Taxes
  • Units: 2
  • Vacancy: %

Tax Info

  • Taxes: 3056
  • Assessor Parcel Number: 12073-31-07-45- B-002-0

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $185,000 -17.8% $70 / Sq Ft
09/08/2023 09/08/23 For Sale $225,000 -- $85 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 363265

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)