Active

407 WILSON Avenue Unit: 2

Tallahassee FL, 32303

$515,000


$191.73 per sqft

Active

2,686 sqft

Multi-family

Built in 1950

Charming home in a prime mid-town location with extensive upgrades and lucrative rental income. Welcome to this beautifully updated all-brick home, perfectly situated in the heart of mid-town. This residence has undergone significant renovations, blending modern comforts with classic charm, and presents an excellent investment opportunity with substantial rental income potential. The main home (2,120 sq ft) provides steady rental revenue, while the lower level (748 sq ft) has been successfully operated as an AirBnB, adding an additional income stream. Or live in the main home and rent the downstairs to offset your mortgage payment. Key Features and Improvements: New roof, New electrical + can lights throughout, Fully renovated bathrooms, Fully renovated kitchens, New appliances, Replaced wood floors (portion) and refinished wood floors (all) upstairs, Installed new floors in bathrooms, laundry room, and "sunroom" upstairs, Installed new floors throughout downstairs, Split upstairs utility room into separate laundry room and "sunroom", Installed wood paneling upstairs (portion) and reworked built-in cabinets, Installed new drywall throughout downstairs, New hot water heater (downstairs), Replaced doors and trim throughout, Replaced windowsill trim throughout, Installed blinds throughout, Painted all surfaces throughout, Removed existing and installed new fence, Removed existing and installed new landscaping, Significant exterior demo- removed metal awning, decrepit shed, decrepit playset.

378373

MLS ID

October 24, 2024

Listed

December 9, 2024

Updated

Map

407 WILSON Avenue Unit: 2
Tallahassee FL, 32303

Interior Features

Appliances

Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Refrigerator with Ice Maker, Washer


Floor Description

Clay, Ceramic Tile, Vinyl, Wood


Fireplace

No


Fireplace Description

Gas


Cooling

Yes


Cooling Description

Central Air, Electric, Heat Pump


Heating

Yes


Heating Description

Central, Electric, Fireplace(s)

Exterior/Building Features

Architectual Style

Two Story

School Information

High School

LEON


Elementary School

Kate Sullivan Elementary

Other Property Details

Area Name

NE-01


Taxes

$4,919


Tax Frequency

Annually


Days on Market

46


Garage

Yes


Parking

Garage, On Street


View

No


County

Leon


Pool

No

Listing History

Date

Event

Price

11/4/2024

Price change

$515,000

-7%

Courtesy of The Naumann Group Real Estate, ,
Listing Contact: 850-591-8860 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Hum Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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