2039 Summer Lane #2045 & 2047, Tallahassee, FL 32305
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
2039 Summer Lane #2045 & 2047,Tallahassee, FL 32305
$175,000
- - Beds
- - Baths
- 3,362 sq. ft.
- Multi-family
- Active
Listed by: wallisa cobb
Office: cobb realty & investment compa
MLS#:406920
Source:FL_TBR
Price summary
- Price:$175,000
- Price per sq. ft.:$52.05
About this home
Rare opportunity to acquire three (3) residential dwellings on approximately 1-acre lot in Tallahassee! Located at 2039, 2045, and 2047 Summer Lane, this unique investment package offers multiple rental income streams, approximately 3,362 combined square feet, and significant upside potential for investors looking to renovate, reposition, and build long-term equity. The property includes two single-family homes and one manufactured home, offering a combined 8 bedrooms and 5 bathrooms. Additional improvements include three septic systems and a workshop. Two residences are currently tenant-occupied, with combined scheduled rental income of $2,300 per month. The third residence is vacant, creating an opportunity for renovation and additional rental income. THIS IS A VALUE-ADD OPPORTUNITY! All three residences require substantial renovations, including roofing and interior updates. Ideal for experienced investors, contractors, or buyers seeking a multi-unit rental investment with room for improvement and long-term appreciation. Property is being sold AS-IS. Buyers should conduct their own due diligence regarding property condition, financing, rental income, zoning, and permitted uses. Don't miss this opportunity to transform an underperforming property into a potentially rewarding investment!...
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Home facts
- Subdivision & Development:Unplatted Land
- Listing ID #:406920
- Added:1 day(s) ago
- Updated:November 09, 2026 at 09:49 PM
Rooms and interior
- Flooring:Carpet, Vinyl
- Kitchen Description:Refrigerator
- Living area:3,362 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Building area:3,362 sq. ft.
- Construction Materials:Frame
- Exterior Features:Deck, Fence
- Levels:1 Story
Schools
- High school:RICKARDS
- Middle school:NIMS
- Elementary school:PINEVIEW
Finances and disclosures
- Price:$175,000
- Price per sq. ft.:$52.05
- Tax amount:$1,997
Features and amenities
- Amenities:DeadBolts, Smoke Detectors
Parking
- Parking description:Unassigned
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