$529,900

NEW PRICE — $529,900! 100% OCCUPIED FOURPLEX IN A PRIME IN-TOWN LOCATION. Immediate, in-place income with all four units currently leased and generating $4,100 per month / $49,200 annually in gross rental income. Current rents are $1,050, $1,050, $1,050 and $950. Four separate income-producing units under one ownership provide multiple rental streams and make this an excellent opportunity for an investor seeking a fully occupied multifamily asset with income from day one. Conveniently located near Lake Ella, Midtown, shopping, dining, downtown, major employment and Tallahassee universities. Also offers future flexibility for an owner-occupant who may choose to occupy one unit as leases turn over while continuing to collect rent from the remaining three. Four units. 100% occupied. $49,200 in actual annual rent. Excellent in-town location.