306 S Lipona Road

0 Sqft - 306 Lipona, TALLAHASSEE, Florida 32304

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Property Description

Welcome to the exclusive Lipona Pines, a rare find in the heart of Tallahassee’s college living, a student duplex property steps from Florida State University’s main campus. This extraordinary investment opportunity encompasses four duplex buildings (24 bedrooms),100% rented out, making it an ideal choice for savvy investors. Property Highlights: Prime Location: Nestled within walking distance of Florida State University and the iconic Doak Campbell Stadium, this property boasts unparalleled convenience for students, ensuring high demand for years to come. High Rental Demand: With all units currently occupied, you can take advantage of the consistent rental income from day one. The popularity of this location among students guarantees a steady stream of prospective tenants. Optimal Unit Configuration: Each of the eight units is designed with the modern student in mind, featuring three bedrooms and three bathrooms. This layout ensures maximum privacy and comfort, making it a sought-after choice among students. Ample Private Parking: Parking woes are a thing of the past here. The property offers ample private parking space for both tenants and guests, enhancing the overall convenience and desirability of the units. Excellent Condition: The property is meticulously maintained, ensuring a hassle-free ownership experience. You can invest with confidence, knowing that your property is in top-notch condition and ready to welcome new tenants. Below-Market Rents: Currently, the rents are considerably below market rates, offering a unique opportunity to increase your rental income. By adjusting the rental prices to match the market rates, you can significantly enhance your investment’s profitability. Why Invest Here? This duplex property represents more than just bricks and mortar; it?s a gateway to a lucrative investment opportunity. The high demand for student housing in this area, coupled with the property’s exceptional condition and strategic location, makes it a wise choice for investors looking for stable and growing returns. Act Now! Don?t miss out on this golden opportunity to own a premium student rental property near FSU. With high demand, prime location, optimal unit layouts, and room for increased revenue, this investment is a strategic move for your portfolio. SHOWN BY APPOINTMENT ONLY

Basic Details
Bedrooms : 16
Bathrooms : 6
Half Bathrooms : 0
Sq. Ft. : 0 Sqft
Property Status : Active
Property Type : Multi-family
Listing Type : Multi-family
Listing ID : 364820
Price : $2,160,000
Year Built : 2005
Address Map
Country : US
State : FL
County : Leon
City : TALLAHASSEE
Zipcode : 32304
Street : Lipona
Street Number : 306
Floor Number : 0
Longitude : W85° 41' 6.3''
Latitude : N30° 26' 13.5''
Neighborhood
Subdivision : Prince Murat Hills
Additional Information
Status : Active
List Date :
Expire Date :
Date Pended :
MLS # : 364820
Fireplace (Y/N) : No
Special Assessments (Y/N) : No
Waterfront Y/N : up
Inside Capital Circle : Yes
Elementary School : RILEY
Middle School : NIMS
High School : GODBY
Listed By : The Naumann Group Real Estate
Multi-family Multi-family
  • Listing ID : 364820
  • Bedrooms : 16
  • Bathrooms : 6
  • Sq. Ft. : 0 Sqft
  • Visits : 113 in 282 days
$2,160,000
Agent info
Jason Picht
Lord and Stanley Realty
1530 Metropolitan Blvd, Tallahassee, FL 32308
Contact Agent

Information provided is deemed reliable but not guaranteed