1614 S Meridian St Unit 4 Tallahassee, FL 32301

This fantastic Historic property has been managed as a registered rooming house for almost 30 years by the present seller, and a few years before that by prior owner.  It could also be an AirBnB.  All tenants have been moved out for ease of selling and inspections. The original 1940 house has 5 bedrooms, most recently rented at $695 per month.  The 1960 addition (“West Wing” it was called by the original owners), consists of two 800 sq ft efficiency apartments, one most recently rented at $1150, the other lived in by the seller and would rent for $1500.  Finally, the detached garage efficiency apartment was rented to a friend but would rent at $850.  Total income potential would be $6975.  Some kitchen repairs are needed, discovered during cleanout.  Total 4800 sq ft under roof. 4 kitchens, 3 fireplaces, 6 full bathrooms, gunnite salt pool.  Outdoor kitchen and fire pit, and three storage sheds. Ample off-street assigned parking spots. Also RV storage site with hookups, could also be rented.  Back of property fenced, so it’s private.  Large list of upgrades made is in associated documents.  Finally, there is potential for subdivision and building additional units or selling that land.