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Erica Lyles

ericalyles.realtor@gmail.com +1(850) 264-9730

$1,500,000

Est. payment - /mo

16 Beds

16 Baths

8,800 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,800 sqft

Price per Sqft $170

Subdivision Saxon

MLS Listing ID 404626

Bedrooms 16

Full Baths 16

Construction Status Brick 4 Sides

Year Built 2014

Lot Dimensions 50x100x50x100

Property Sub-Type Multi-Family

Property Description

Turnkey investment opportunity steps from FSU! This newer constructed duplex-style property at 601/605 Pope Street offers two identical 4-bedroom, 4-bathroom units built with student rental income in mind. Rooms have leased at $750/month each, putting total gross rental potential around $6,000/month ($12,000) across both units and offer a walk-to-campus location. Each unit features an open-concept living and kitchen area, modern finishes, and a full appliance package including an in-unit washer/dryer and eating bar. Every bedroom offers a private bathroom, the exact layout investors look for to support by-the-bedroom leasing and reduce roommate turnover. Designated parking and a new privacy fence complete the exterior.

Location

State FL

County Leon

Area Leon

Rooms

Other Rooms Pantry, Utility Room - Inside, Walk in Closet

Interior

Heating Central

Cooling Central

Flooring Laminate

Equipment Dishwasher, Fire Alarm, Microwave, Range, Refrig/Icemaker, Smoke Detector, Wash/Dry All

Exterior

Parking Features Area - Unassigned

Private Pool No

Building

Lot Description Family Room/Dining Room, Kitchen with Bar

Story Story - Two plus, Unit - Ground Floor, Unit - Upstairs

Level or Stories Story - Two plus, Unit - Ground Floor, Unit - Upstairs

Construction Status Brick 4 Sides

Schools

Elementary Schools Riley

Middle Schools Griffin

High Schools Leon

Others

SqFt Source Tax

Miscellaneous Fencing - Partial,Patio - Common

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

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Listed by The Naumann Group Real Estate

NEARBY SCHOOL & BUSINESS

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Erica Lyles

+1(850) 264-9730

Agent License ID: SL3441132

601 Pope Street #1 & 2 (605 Pope St) Tallahassee, FL 32304

Erica Lyles

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION