534 E College Avenue 1, Tallahassee FL 32301

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Pending

$1,000,000

534 E College Avenue 1, Tallahassee, FL 32301

bedrooms

bathrooms

square feet

Acreage

0.26

Open Houses

year built

Full Baths

Half Baths

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Situated in the sought-a?er Cherokee Hills neighborhood, near Cascades Park and Downtown Tallahassee, this all-brick, two-story property features 8 well-maintained, 1-bedroom, 1-bathroom units. With front-door parking for each unit, convenience is key for tenants, ensuring high demand. The property offers solid rental income, with current rents averaging $865 per month and room for potential increases as leases renew. Key updates include a new roof (2024) and 5 out of 8 AC units recently replaced. Each unit is individually metered, minimizing overhead costs. This rare find in a desirable location is perfect for investors seeking a stable and attractive rental property in the heart of Tallahassee. Don’t miss out on this exceptional opportunity!

Location
Subdivision	Cherokee Hills 1st Addn
County	Leon
Elementary School	-
Middle School	-
High School	-

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MLS number: 378619

Listing agent: Stacie Spears Dixon #3070377

Listing broker: The Naumann Group Real Estate, Inc. (850) 933-0328

Copyright © 2024 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, November 19 2024 at 8:04 p.m. EST

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