Kari Sullivan
REALTOR® | Luxury Property Specialist
717 DOVER Street, Tallahassee, FL 32304
**verifying Subd**
$125,000
$106/sq ft
Active
About This Home
Duplex Investment Opportunity - Strong 16% ROI
This income-producing duplex features a 2/1 unit on one side and a 1/1 unit on the other.
Unit 1: Currently rented at $850/month
Unit 2: Projected rent $750/month, or an excellent owner-occupant option if desired
With a combined rental potential of $1,600-$1,700/month, this property delivers an impressive 16% gross ROI at a $125,000 price point.
The property has been completely renovated, including a new roof, and is located just 5 minutes from FSU and FAMU. The yard is partially fenced, offering added privacy and functionality.
Situated in a high-growth corridor, this property qualifies for multiple economic incentive programs, including:
Opportunity Zone
Urban Job Tax Credit Area
HUBZone (Historically Underutilized Business Zone)
Southside CRA District
Please do not disturb tenants.
This income-producing duplex features a 2/1 unit on one side and a 1/1 unit on the other.
Unit 1: Currently rented at $850/month
Unit 2: Projected rent $750/month, or an excellent owner-occupant option if desired
With a combined rental potential of $1,600-$1,700/month, this property delivers an impressive 16% gross ROI at a $125,000 price point.
The property has been completely renovated, including a new roof, and is located just 5 minutes from FSU and FAMU. The yard is partially fenced, offering added privacy and functionality.
Situated in a high-growth corridor, this property qualifies for multiple economic incentive programs, including:
Opportunity Zone
Urban Job Tax Credit Area
HUBZone (Historically Underutilized Business Zone)
Southside CRA District
Please do not disturb tenants.
Features & Amenities
Interior Features
- Electric Oven
- Electric Range
- Refrigerator
Exterior Features
- Other
- On Street
Property Details
Property Type:
Single Family Residence
Year Built:
1968
Lot Size:
0 Acres (0 sq ft)
Stories:
1
MLS #:
2146886
Utilities:
Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available
