$ 215,000 $ 239,000 10.0%

1111 Bonnie Drive

Tallahassee, FL 32304

  • 3 Beds
  • 2 Baths
    Full Baths: 2
  • 2,038 SqFt
  • 0.43 Lot Size
  • 1966 Year Built
Located within the vibrant city limits of Tallahassee and in close proximity to Tallahassee Community College, this promising 3-bedroom, 2-bathroom home represents a golden opportunity for investors and landlords aiming at the college rental market. With its strategic location, it stands as an ideal choice for students seeking the convenience of city living combined with the comforts of a residential home. The property boasts a relatively new roof, approximately two years old, ensuring a significant saving on immediate overheads. A spacious two-car garage complemented by a separate workshop space offers ample storage and hobby areas, perfect for tenants with vehicles or those who appreciate a dedicated space for creative and practical projects. An in-ground pool, though in need of some refurbishment, presents a unique selling point and a potential oasis for relaxation and social gatherings, significantly enhancing the rental appeal during the warmer months. The charm of the home is further elevated by a cozy wood-burning fireplace, paired with an attached indoor wood fire grill, setting the stage for memorable indoor gatherings and culinary experiences. However, prospective buyers should note that the home requires some attention, particularly the master bathroom, which is completely gutted and awaiting a renovation. This blank canvas offers a unique opportunity to customize and upgrade the space to either increase rental yields or tailor it to specific tenant needs. This property is not just a house; it's an investment opportunity with the potential for significant returns. Its appeal as a rental for college students is undeniable, offering both the proximity to educational institutions and the features that enhance student living. With some care and customization, this home could easily become a sought-after residence for those studying nearby, ensuring a steady rental income for the savvy investor.
Listed by LPT Realty , Sold By R. J. Allen & Associates, Inc.

PROPERTY DETAIL

  • Key Details

    Sold Price $215,000

    Property Type Single Family Home

    Sub Type Detached Single Family

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 2, 038 sqft

    Price per Sqft $105

    Subdivision Linwood Manor

    MLS Listing ID 369382

    Sold Date 05/02/24

    Style Traditional/Classical

    Bedrooms 3

    Full Baths 2

    Construction Status Brick 4 Sides

    Year Built 1966

    Lot Size 0.430 Acres

    Lot Dimensions 100x125x100x125

    Property Sub-Type Detached Single Family

  • Location

    State FL

    County Leon

    Area Nw-02

  • Rooms

    Family Room 16x13

    Other Rooms Porch - Covered

    Master Bedroom 15x16

    Bedroom 2 11x14

    Bedroom 3 12x14

    Living Room 13x22

    Dining Room 14x11 14x11

    Kitchen 23x13 23x13

    Family Room 16x13

  • Building

    Lot Description Separate Family Room, Kitchen - Eat In, Separate Dining Room, Separate Living Room

    Story Story - One

    Level or Stories Story - One

    Construction Status Brick 4 Sides

  • Interior

    Heating Fireplace - Wood, Propane

    Cooling Central, Electric

    Flooring Carpet, Sheet Vinyl

    Equipment Dishwasher, Oven(s), Refrigerator, Stove

  • Exterior

    Exterior Feature Traditional/Classical

    Parking Features Garage - 2 Car

    Pool Pool - In Ground, Owner

    Utilities Available Gas

    View None

    Road Frontage Maint - Gvt., Paved

    Private Pool Yes

  • Schools

    Elementary Schools Riley

    Middle Schools Griffin

    High Schools Godby

  • Others

    Ownership Patricia Kaye Evans

    SqFt Source Tax

    Acceptable Financing Conventional, 203K/Renovation, Cash Only

    Listing Terms Conventional, 203K/Renovation, Cash Only

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CONTACT

Hudson "Mitch" Willis
Hudson "Mitch" Willis

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