407 Wilson Avenue, Tallahassee, FL 32303

$549,900 Asking Price

4 beds
3 baths
2,868  sqft
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.


Features & Amenities

Interior

General:
Split Bedrooms
Appliances:
Dryer,Dishwasher,Microwave,Refrigerator,Stove,Washer
Flooring:
Hardwood,Tile
A/C:
true, Central Air,Ceiling Fan(s),Electric
Heating:
true, Central,Electric,Fireplace(s),Heat Pump
Fireplace:
Gas, Fireplace

Exterior

General:
Fully Fenced
Style:
Cottage
Parking:
Garage,One Car Garage

Construction

General:
Brick

Location

Road/Access:
Paved
HOA Amenities:
0.0
Originating MLS:
TBRMLS
County:
Leon

Lot

Zoning:
12073-11-30-90- D-001-0
View:
None
Fencing:
Fenced

Utilities

Sewer:
Public Sewer

Financial

Source:
TBRMLS

This listing courtesy of:
The Naumann Group Real Estate

About Tallahassee, FL

Housing

Number of Units
134,142
Median Home Value
$231,129
Median Rent
$882

49.55% of housing units are renter occupied.

9.17% are vacant.

Commute

Car
70.38%
Public Transportation
1.31%
Walk to Work
2.06%
Work from Home
24.82%
Other
0.71%

The median travel time to work is 17 minutes.

People

Population
294,757
Median Age
35.60
Median Household Size
2.55

Education

High School
18.54%
Associate’s Degree
9.24%
Bachelor’s Degree
26.60%
Graduate Degree
21.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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