612-696 Ridge Road Active Save Request In-Person Tour Request Virtual Tour
Tallahassee,FL 32305
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