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About This Home
This 0-bedroom, 0-bathroom residential multi family at 1533 S Bronough Street in Tallahassee, FL is listed for $1,900,000. on a 0.30 acres lot.
Excellent investment opportunity with this 13-unit student housing apartment complex ideally located near Florida A&M University (FAMU) in Tallahassee. The property consists of two buildings being sold together-one featuring 7 units and the second featuring 6 units.
The unit mix includes twelve 2-bedroom/1-bath units (approximately 750 sq. ft.) and one 1-bedroom/1-bath unit (approximately 600 sq. ft.). Twelve of the thirteen units are currently leased, providing immediate income with only one 2/1 unit available for lease.
Both two-story buildings have been renovated and offer onsite laundry facilities. The property's prime location places residents just minutes from Florida A&M University, Downtown Tallahassee, and Governor's Square Mall, making it highly desirable for student renters. Strong rental demand, a proven occupancy history, and proximity to major employment, retail, and campus destinations make this a compelling turnkey investment opportunity.
Key Features
- 0.30 acre lot
Property Details
Amenities
Monthly Cost Estimate
$10,162/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1533 S Bronough Street
Tallahassee, FL 32301
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1533 S Bronough Street is listed at $1,900,000. The estimated monthly payment is $8,233 based on 20% down at 6.5% interest.
Key features include: 0.30 acre lot.
This property is listed by Patrick Hancock and can be reached at 4078080899 or pathancockbroker@gmail.com.
