240 Lake Ella Dr, Tallahassee, FL, 32303

About This Home

Rare multifamily units at Lake Ella! 240 Lake Ella drive is offered in combination with adjacent property 236/238 Lake Ella Dr., creating a 4-unit investment package - 2 duplex buildings, totalling 4 rental units. Buildings are classic 1940's period construction. Each unit is a 2/1 vertical (townhome design) with hardwood floors, independent utilities, large fenced backyards, off-street parking spaces, and convenient access to all that Lake Ella and Midtown offer. FSU, FAMU, and the Capitol are within 2.5 miles. Units rent at $1250 per month, $60,000 yearly gross. Constant interest in long-term tenancy and location make this a great opportunity with a desirable location and steady cash-flow. Properties will be sold together. Ownership interest by licensed Florida realtor.