FL > Tallahassee > Sandy Springs Unrecorded
Tallahassee, FL 32304,1272 Ocala Road #A, B, C
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Debbie Kirkland

Debbie Kirkland

+1(850) 212-0440
$ 550,000
Est. payment /mo
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1272 Ocala Road #A, B, C Tallahassee, FL 32304

12 Beds

9 Baths

3,840 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $143

Subdivision Sandy Springs Unrecorded

MLS Listing ID 391201

Bedrooms 12

Full Baths 9

Construction Status Siding - Vinyl

Year Built 1995

Lot Dimensions 88X173x84x171

Property Sub-Type Multi-Family

Property Description

Triplex Listed at $550,000 | $50,400 Gross Annual Income This is the kind of property investors search for but rarely find, a fully leased triplex generating $4,200/month ($50,400 annually) with minimal expenses and a potential 7.49% cap rate. The roof was replaced in 2016, and the property has been consistently maintained, resulting in low tenant turnover and steady income through Section 8 lease agreements. Located near TCC, FSU, FAMU, shopping, and major bus routes, the property remains highly desirable to both students and workforce tenants. With Tallahassee rents historically trending upward 2–3% annually, there is room to increase rents and boost returns even further. This could be the cash-flowing asset you have been searching for! CAP rate may vary depending on multiple factors and should be verified by buyers in alignment with their investment strategy. Drive-by only, do not disturb tenants. Showings may be scheduled with proof of funds.

Location

State FL

County Leon

Area Ne-01

Interior

Heating Central, Electric, Heat Pump

Cooling Central, Electric, Fans - Ceiling, Heat Pump

Flooring Carpet, Ceramic/Clay

Equipment Dishwasher, Range, Refrigerator, Smoke Detector, Wash/Dry All, Units Vary

Exterior

Parking Features Area - Unassigned

Private Pool No

Building

Lot Description Kitchen/Din Rm/Liv Room

Story Story - Two plus

Level or Stories Story - Two plus

Construction Status Siding - Vinyl

Stories Story - Two plus

Floor Plan Story - Two plus

Schools

Elementary Schools Riley

Middle Schools Griffin

High Schools Godby

Others

SqFt Source Tax

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by ROI Realty LLC
Debbie Kirkland

Debbie Kirkland

Broker | License ID: BK3052075

+1(850) 212-0440

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1272 Ocala Road #A, B, C

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