Multiple bedrooms and bathroomsSpacious floor plan
2012 Sheridan Road presents an excellent opportunity to acquire a cash-flowing investment property in one of Tallahassee's most established rental markets. Featuring a spacious floor plan with multiple bedrooms and bathrooms, the property is well-positioned to serve the continued demand for student, workforce, and shared housing in the area.
The property is currently leased with tenants paying $3,250 per month through December 31, 2027, providing investors with immediate income and long-term lease security. With over 18 months of remaining term, buyers can benefit from predictable cash flow from day one of ownership.
Conveniently located near Florida State University, Florida A&M University, downtown Tallahassee, state offices, shopping, dining, and major transportation corridors, the property enjoys strong rental fundamentals driven by a diverse and growing tenant base.
Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a stable income-producing asset, 2012 Sheridan Road offers an attractive combination of current cash flow, lease security, and long-term investment potential.
56 days
|
339
|
14
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Listed by:
Property Owner(850) 491-3212
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3
Heating
Forced air, Other
Cooling
Central
Appliances
Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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