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Debbie Kirkland

[email protected] +1(850) 212-0440

$ 525,000

Est. payment -/mo

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Active

997 Sutor Road Tallahassee, FL 32311

8 Beds

4 Baths

3,108 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,108 sqft

Price per Sqft $168

Subdivision Rockbrook East

MLS Listing ID 398088

Bedrooms 8

Full Baths 4

Construction Status Brick 1 or 2 Sides

Year Built 1981

Property Sub-Type Multi-Family

Property Description

Located in Tallahassee, Florida, this brick quad offers all the benefits of a thriving state capital market with strong rental demand and a prime southeast location. 1981 brick construction situated on 0.21 acres, just steps from A-rated Lincoln High School. Three of four units are currently occupied and will have $1,100/month rental rates starting next month! Current tenants have occupied the property for an average of 2.5 years, with the longest tenancy being 4 years and the shortest tenancy over a year. One unit recently vacated and is ready for immediate move-in. Owner is keeping it vacant during the marketing period. All four units are identical layouts, each 2 bedroom/1 bathroom at 777 SF. Unit features include private covered patio/deck areas with outside washer/dryer utility rooms, spacious living room/kitchen areas, ample cabinet space. Tenants pay all utilities, City water and sewer. The roof was replaced in 2011, and the building's brick construction provides long-term durability. Total building is 3,108 SF across a single 2-story structure. Centrally located with easy access to Governor's Square, downtown Tallahassee, Florida State University, and FAMU, this asset sits in a high-demand rental corridor with a built-in tenant base. This property has a fantastic occupancy history and strong rental rates, see attached marketing package for additional information. Tour today!

Location

State FL

County Leon

Area Leon

Rooms

Other Rooms Pantry, Utility Room - Outside

Interior

Heating Central, Electric

Cooling Central, Electric

Flooring Ceramic/Clay, Some Carpet, Vinyl

Equipment Dishwasher, Fire Alarm, Refrigerator, Smoke Detector, Wash/Dry All

Exterior

Parking Features Assigned Spaces

Private Pool No

Building

Lot Description Kitchen/Din Rm/Liv Room

Story Story - Two plus, Unit - Ground Floor, Unit - Upstairs

Level or Stories Story - Two plus, Unit - Ground Floor, Unit - Upstairs

Construction Status Brick 1 or 2 Sides

Stories Story - Two plus,Unit - Ground Floor,Unit - Upstairs

Floor Plan Story - Two plus,Unit - Ground Floor,Unit - Upstairs

Schools

Elementary Schools Apalachee

Middle Schools Fairview

High Schools Lincoln

Others

Ownership 5 South Flagler Avenue Ll

SqFt Source Tax

Miscellaneous Deck,Fencing - Partial,Patio - Individual,Storage Shed

Acceptable Financing Cash, Conventional, VA

Listing Terms Cash, Conventional, VA

Listed by The Multifamily Advisors

NEARBY SCHOOLS & PROPERTIES

Debbie Kirkland

Broker | License ID: BK3052075

+1(850) 212-0440

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Tallahassee, FL

Debbie Kirkland

997 Sutor Road Tallahassee, FL 32311

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

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997 Sutor Road