Connect

3117 Parklawn Street, Tallahassee, FL – $1,950,000

  • $2M Price
  • 2.84 Acres
  • $2M Price
  • 2.84 Acres

3117 Parklawn Street

Great opportunity to purchase a solid income producing 15-unit apartment complex with upside!! This 2.84 Acre property includes 12 detached buildings with the potential to build additional units. Current Cap rate 8.7% plus owners unit rented would deliver an above 9.2% cap. Main house is subdivided which includes (4)-1/1 units. Situated only 3 miles from FSU College of Medicine, the location is convenient for FSU faculty/staff as well as for professionals.

Request More Info

Essential Information

  • MLS® #RX-10995144
  • Price$1,950,000
  • Acres2.84
  • Year Built2019
  • TypeCommercial
  • Sub-TypeIncome
  • StyleResident. Multi-Fam., Other
  • StatusActive

Community Information

  • Address3117 Parklawn Street
  • Area5940
  • CityTallahassee
  • CountyLeon
  • StateFL
  • Zip Code32304

Amenities

  • UtilitiesCable, 3-Phase Electric

Interior

  • AppliancesBuilding and Land, Fixtures
  • HeatingCentral, Other
  • CoolingWall-Win A/C, Central Building
  • # of Stories12

Exterior

  • Lot Description15 units
  • RoofComp Shingle

Additional Information

  • Listing Courtesy ofRealty One Group Engage
  • Date ListedJune 10th, 2024
  • ZoningOR-3
Please provide a valid email address.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.