826 Robert and Trudie Perkins Way Unit 1&2, Tallahassee, FL 32310

$235,000

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List Price
$235,000
Status
ACTIVE
MLS#
402530
Construction
Block, Concrete
County
Leon
Subdivision
Villa Mitchell

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.

Additional Information

Cooling
Varies by Unit
Equipment
Range, Refrigerator
Floors
Carpet, Laminate
Exterior
One Story
Garage
Unassigned
Parking
Unassigned
Elementary School
BOND
Middle School
NIMS
High School
LEON

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Hartung.