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

$1,500,000

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List Price
$1,500,000
Status
ACTIVE
MLS#
404626
Year Built
2014
Construction
Brick
County
Leon
Subdivision
Saxon

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.

Additional Information

Heating
Central
Cooling
Central Air
Equipment
Dryer, Dishwasher, Microwave, Range, Refrigerator, Refrigerator with Ice Maker, Washer
Floors
Laminate
Exterior
Two Story
Garage
Unassigned
Parking
Unassigned
Elementary School
RILEY
Middle School
GRIFFIN
High School
LEON

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Calculator source: Real Geeks

Listing courtesy of The Naumann Group Real Estate.