Tallahassee FL 4 Unit Multifamily 💸 FSU Rental!

About this property

Tallahassee, FL - 4-Unit Multifamily Opportunity Property Details: Type: Multifamily Unit Count: 4 units Occupancy: All units are vacant Total Bedroom & Bathroom: 8 BD/ 4 BA 1st Unit: 2 Bed / 1 Bath 2nd Unit: 2 Bed / 1 Bath 3rd Unit: 2 Bed / 1 Bath 4th Unit: 2 Bed / 1 Bath Heating & Cooling: Non-operational Sqft: Approx. 3,394 sqft Age of Roof: Approx 3 years old Windows are original Year Built: 1968 Water: Public Sewer: Public Foundation: Slab Parking: Large front parking area with approximately 8 parking spaces (double stacked) Potential Rental Income: $1,500/unit per month. $6,000 monthly = $72,000 annually _______________________________________________ Terms Of Purchse: Sold As-Is EMD Minimum: $10,000 Buyer Pays All Closing Costs Closing on or before 9/4/2026 Acceptable Financing: Cash, Hard Money, or Conventional Investor Loan Title Company: Sunshine Title FOR ALL INQUIRIES: ______________________________________________ Asking Price: $305,000ARV: $530,000 + _______________________________________________ Sold Comps 1317 Hancock St #A-d, Tallahassee, FL 32304 Multifamily Bedrooms: 8 | Bathrooms: Size: 3,592 sqft Sold Price: $305,000 Sold Date: 6/2025 (1 month on market) 705 W Georgia St #0, Tallahassee, FL 32304 Multifamily Bedrooms: 6 | Bathrooms: Size: 2,376 sqft Sold Price: $305,000 Sold Date: 4/2025 1312 Nylic St #A-b, Tallahassee, FL 32304 Multifamily Bedrooms: 8 | Bathrooms: 4 Size: 3,424 sqft Sold Price: $305,000 Sold Date: 6/2026 (3 weeks on market) Active Comps 803 W Georgia St, Tallahassee, FL 32304 Multifamily Bedrooms: 8 | Bathrooms: 8 Size: 3,280 sqft Asking Price: $305,000 BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY. All financial projections and estimates are based on our own analysis and opinion. Please do not show up to the property unannounced. NOT FOR PUBLIC DISTRIBUTION. PRIVATE COMMUNICATION ONLY. Thank you! NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER.

Property snapshot

Deal details