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$930,000
403022 MLS
Imagine owning a property that lets you stay connected to Florida A&M University while building long-term wealth. Whether you're a FAMU alumnus looking to invest in the community that shaped you, a parent wanting to provide housing for your student instead of paying rent, or a graduate student searching for the perfect house hack, this is a rare opportunity you won't find often. Situated just a short walk from Florida A&M University, this unique offering includes two duplexes on one corner lot for a total of four income-producing units. Three units are already occupied, providing immediate rental income from day one, while the fourth unit is vacant and ready for you to move into, lease, or furnish as a short-term rental. The layout is ideal for student housing, offering a tenant-friendly floor plan that continues to attract strong rental demand because of its unbeatable location near campus. Live in one unit while the rental income from the others helps offset your mortgage, or lease all four units to maximize your investment potential. The spacious corner lot provides additional flexibility and outdoor space that's perfect for entertaining family and friends during FAMU Homecoming, football weekends, graduation, alumni events, and other campus celebrations. With no HOA, you'll enjoy the freedom to maximize the property's potential while exploring both long-term and short-term rental opportunities, subject to local regulations. Opportunities like this rarely become available. Whether your goal is building generational wealth, creating a steady stream of passive income, providing housing for your student, or owning a piece of the FAMU community, this property delivers the location, cash flow, and flexibility to make it happen.

1402 George Calvin Bless Way Unit 1,2,3,4, Tallahassee
$235,000
402530 MLS
Opportunity meets location with this affordable duplex just steps from Florida A&M University. Situated on property zoned University Transition (UT) with a future land use designation of Urban General (UG), this is more than just an income producing property. It's an opportunity to own in one of Tallahassee's growing redevelopment corridors with exciting long term potential. Whether you're a FAMU student, graduate, parent, investor, or developer, this property offers exceptional flexibility. Each unit features 2 bedrooms and 1 bathroom, making it ideal for owner occupancy while generating rental income from the second unit. Live in one side and let the other help offset your mortgage, or add a cash flowing property to your investment portfolio. One unit is vacant and move in ready, while the other is occupied on a month to month lease, providing immediate income with future flexibility. Located within walking distance of Florida A&M University, you'll enjoy convenient access to campus, athletic events, restaurants, and everything university life has to offer. For FAMU families, this is a unique opportunity to purchase instead of rent, allowing your student to build equity while generating income from the second unit. For developers and investors, the property's UT zoning and UG future land use designation offer redevelopment potential beyond its current use, making this an opportunity to invest not only in today's rental income but also in tomorrow's growth.

826 Robert and Trudie Perkins Way Unit 1&2, Tallahassee