1317 Hancock Street #AD

Tallahassee, FL 32304

  • 8 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
$505,000

Description

This property is ideally located directly across the street from florida state university (fsu). and it features a newer roof replaced in 2023  and is zoned cu-45 for proposed redevelopment, potentially allowing for 13 units. turnkey multi-family investment – strong cash flow & 6.23% cap rate perfect for investors – high-demand rental property rental income: $875 per unit occupancy: stable tenant base with consistent cash flow property type: multi-family investment why this property? below market rents – room for rental increases to maximize roi low maintenance – well-maintained property with solid infrastructure prime location – growing rental demand in tallahassee great appreciation potential – strong economic and rental growth in the area investor-friendly terms open to cash buyers, conventional financing, and investor loans don't miss this opportunity – a high-demand, income-producing property that won’t last long. perfect for seasoned investors or first-time multi-family buyers looking for strong returns.

  • Property Type

    Residential

  • Subdivision

    Solomon Seal Surv A-24

  • County

    Leon

  • Style

    TwoStory

  • AD ID

    48414233

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BuyOwner last updated this listing 04/05/2025 @ 20:05

  • MLS: 380421
  • LISTING PROVIDED COURTESY OF: Christopher Worth, Keller Williams Town & Country
  • SOURCE: TBRMLS

is a Home, with 8 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.