See all 25 photos
25 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$235,000
Est. payment /mo
4 Beds
2 Baths
1,612 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,612 sqft
Price per Sqft $145
Subdivision Villa Mitchell
MLS Listing ID 402530
Bedrooms 4
Full Baths 2
Construction Status Concrete Block
Property Sub-Type Multi-Family
Property Description
Opportunity meets location with this affordable duplex just steps from Florida A&M University. Situated on property zoned University Transition (UT) with a future land use designation of Urban General (UG), this is more than just an income producing property. It's an opportunity to own in one of Tallahassee's growing redevelopment corridors with exciting long term potential. Whether you're a FAMU student, graduate, parent, investor, or developer, this property offers exceptional flexibility. Each unit features 2 bedrooms and 1 bathroom, making it ideal for owner occupancy while generating rental income from the second unit. Live in one side and let the other help offset your mortgage, or add a cash flowing property to your investment portfolio. One unit is vacant and move in ready, while the other is occupied on a month to month lease, providing immediate income with future flexibility. Located within walking distance of Florida A&M University, you'll enjoy convenient access to campus, athletic events, restaurants, and everything university life has to offer. For FAMU families, this is a unique opportunity to purchase instead of rent, allowing your student to build equity while generating income from the second unit. For developers and investors, the property's UT zoning and UG future land use designation offer redevelopment potential beyond its current use, making this an opportunity to invest not only in today's rental income but also in tomorrow's growth.
Location
State FL
County Leon
Area Leon
Interior
Heating Units Vary
Cooling Units Vary
Flooring Carpet, Laminate
Equipment Range, Refrigerator
Exterior
Parking Features Area - Unassigned
Private Pool No
Building
Lot Description Kitchen/Din Rm/Liv Room
Story Story - One
Level or Stories Story - One
Construction Status Concrete Block
Schools
Elementary Schools Bond
Middle Schools Nims
High Schools Leon
Others
SqFt Source Tax
Acceptable Financing Conventional, FHA
Listing Terms Conventional, FHA
Read Less Info
Listed by Coldwell Banker Hartung
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION