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Claire Higgins

claire.higgins@engelvoelkers.com +1(772) 480-1467

Listed by EXP Realty LLC

$ 175,000

Est. payment -/mo

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Active

612-696 Ridge Road Tallahassee, FL 32305

25 Baths

3.5 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Active

Purchase Type For Sale

Subdivision Own Subdivision Of 20 Single Family Plus 1 Vacant Lot, Bulk Sale. Wilson Ridge

MLS Listing ID RX-11075281

Construction Status Resale

Year Built 2008

Annual Tax Amount $51,500

Tax Year 2024

Lot Size 3.500 Acres

Property Sub-Type MultiFamily (5+ Units)

Property Description

The word opportunity for a savvy investor or new investor is an understatement on this bulk sale of 20 Single Home rental properties that can be held with a potential 9.4 Cap Rate. Or purchase to sell off the package as individual sales. This owner has a larger investment opportunity and will be selling this on April 30th, 2025.

Location

State FL

County Leon

Area 5940

Zoning Residential

Interior

Heating Central

Cooling Electric

Flooring Other

Fireplaces Type Smoke Detector

Exterior

Utilities Available Cable, Electric, Public Sewer, Public Water

Roof Type Comp Shingle

Building

Story 90.00

Foundation Other

Construction Status Resale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Virtual Tour https://www.propertypanorama.com/612696-Ridge-Road-Tallahassee-FL-32305/unbranded

Claire Higgins

License Partner/Broker | License ID: BK3357746

+1(772) 480-1467

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