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Duplex Investment Opportunity

406 418 Fairbanks Drive 2 Tallahassee, FL 32304

406 418 Fairbanks Drive 2, Tallahassee, FL, 32304
$380,000
For Sale
$380,000

Two homes on two lots, great investment opportunity.

Property Size4,000 SF
Price / SF$95
Days on Market757

Property Features for 406 418 Fairbanks Drive 2

General Information

Standard status
Active
Size
4,000 SF
Property subtype
Multi Family
Listing Agency Faith Investment Group
Listed by Gabrielle N Washington · License #3389031
Source Exitrealty
Added: Jun 21, 2024 Checked: Jul 16 at 6:27 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Faith Investment Group


Investment Insights

Based on property information with market context.

This property presents an investment opportunity featuring two homes situated on separate lots. The properties have street frontage on both Fairbanks Drive at the front and Lipona Drive at the rear. The available properties include 406 and 418 Fairbanks Drive. 406 Fairbanks contains 3 bedrooms and 1.5 bathrooms, while 418 Fairbanks also offers 3 bedrooms and 1.5 bathrooms. The property size is 4000 square feet. All leases have recently ended.

Key Highlights

  • Two separate homes on two lots, providing flexibility and potential for diverse uses.
  • Dual street frontage (Fairbanks Dr and Lipona Dr) enhances accessibility and potentially subdividable.
  • Each home features 3 bedrooms and 1.5 bathrooms, suitable for families or rental.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Law Firm Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store Daycare Center Electrical Service (Bike/Boat/Book/etc) Store Garden Center Catering Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two homes on two lots, great investment opportunity.
Where is this duplex located?
The property is located at 406 418 Fairbanks Drive 2 Tallahassee, FL.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Two separate homes on two lots, providing flexibility and potential for diverse uses.; Dual street frontage (Fairbanks Dr and Lipona Dr) enhances accessibility and potentially subdividable.; Each home features 3 bedrooms and 1.5 bathrooms, suitable for families or rental.
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