🏠🔑 GREAT TURNKEY SELLER FINANCE OFF-MARKET OPPORTUNITY IN TALLAHASSEE, FL

Description

GREAT INVESTMENT PROPERTY IN TALLAHASSEE, FL 32301
ASKING: $165,000
TOTAL ENTRY FEE: $19,375

🏡 Property Details:
📍 City: Tallahassee

🏡 Property Type: Single Family Home

🛏️ Bedrooms: 2

🛁 Bathrooms: 2

📏 Square Footage: 800 sqft

🧑‍🤝‍🧑Occupancy: Vacant

💵 Seller Finance Terms:
PURCHASE PRICE: $165,000
7.5% DOWNPAYMENT: $12,375
ASSIGNMENT FEE: $7,000
3.5% INTEREST AMORTIZED OVER 30 YEARS: $685 MONTHLY PAYMENT
7 YEAR BALLOON
POTENTIAL 1.5+ DSCR
Description:
This property is conveniently located approximately 10 minutes away from Florida A&M University, making it an ideal rental option for students who wish to reside to close to campus. Rent rates in this area typically range from $1,335+ per month. It presents a great opportunity for a Section 8 tenant as well. The property does not require renovations as there are brand new appliances, floors, etc. It is turnkey!