1533 S Bronough Street Unit A-F, Tallahassee, FL 32301
- $1,900,000
- List Price
- $1,900,000
- Status
- ACTIVE
- MLS#
- 397251
- Construction
- Block, Concrete, Stucco
- County
- Leon
- Subdivision
- Morrill Heights
Property Description
Excellent investment opportunity with this 13-unit student housing apartment complex ideally located near Florida A&M University (FAMU) in Tallahassee. The property consists of two buildings being sold together—one featuring 7 units and the second featuring 6 units. The unit mix includes twelve 2-bedroom/1-bath units (approximately 750 sq. ft.) and one 1-bedroom/1-bath unit (approximately 600 sq. ft.). Twelve of the thirteen units are currently leased, providing immediate income with only one 2/1 unit available for lease. Both two-story buildings have been renovated and offer onsite laundry facilities. The property’s prime location places residents just minutes from Florida A&M University, Downtown Tallahassee, and Governor's Square Mall, making it highly desirable for student renters. Strong rental demand, a proven occupancy history, and proximity to major employment, retail, and campus destinations make this a compelling turnkey investment opportunity.
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Additional Information
- Heating
- Central
- Cooling
- Central Air
- Equipment
- Dishwasher, Microwave, Range, Refrigerator
- Floors
- Laminate
- Exterior
- One Story
- Garage
- Assigned, Parking Space(s)
- Parking
- Assigned, Parking Space(s)
- Elementary School
- BOND
- Middle School
- NIMS
- High School
- LEON
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Listing courtesy of Thomas Lynne Realty Group, LLC.