1317 Hancock Street A-D, Tallahassee, FL 32304

Pending

$505,000

bedrooms

bathrooms

square feet

Acreage

Open Houses

year built

1978

Full Baths

Half Baths

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This property is ideally located directly across the street from Florida State University (FSU). And it features a newer roof replaced in 2023 and is zoned CU-45 for proposed redevelopment, potentially allowing for 13 units. Turnkey Multi-Family Investment – Strong Cash Flow & 6.23% Cap Rate Perfect for Investors – High-Demand Rental Property Rental Income: $875 per unit Occupancy: Stable tenant base with consistent cash flow Property Type: Multi-Family Investment Why This Property? Below Market Rents – Room for rental increases to maximize ROI Low Maintenance – Well-maintained property with solid infrastructure Prime Location – Growing rental demand in Tallahassee Great Appreciation Potential – Strong economic and rental growth in the area Investor-Friendly Terms Open to cash buyers, conventional financing, and investor loans Don't Miss This Opportunity – A high-demand, income-producing property that won’t last long. Perfect for seasoned investors or first-time multi-family buyers looking for strong returns.

Location
Subdivision	Westview
County	Leon
Elementary School	RILEY
Middle School	GRIFFIN
High School	GODBY

Driving directions

Open houses

None scheduled.

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MLS number: 380421

Listing agent: Christopher Worth #3287777

Listing broker: Keller Williams Town And Country Realty (850) 201-4663

Copyright © 2025 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Thursday, April 17 2025 at 3:22 p.m. EDT

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