$725,000

1614 S Meridian Street # 4, Tallahassee, FL 32301

  • 4,736 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $153/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

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.

Listing Status:
Active
Date Added:
May 15, 2025 at 05:00AM
Listing Office:
Coldwell Banker Hartung : 850-386-6160
MLS ID:
385986
  • General: Entrance FoyerPantry
  • Appliances: DishwasherRangeRefrigerator
  • Flooring: ClayCeramic TileWood
  • A/C: Central AirCeiling Fan(s)ElectricVaries by Unit
  • Heating: CentralElectricWood
  • Fireplace: Fireplace

This listing courtesy of Coldwell Banker Hartung

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

H

Hartsfield Elementary School

1414 Chowkeebin Nene, Tallahassee, FL, 32301

Grades PK-5

1.29 miles away

C

Cobb Middle School

915 Hillcrest Ave, Tallahassee, FL, 32308

Grades 6-8

1.86 miles away

J

James S. Rickards High School

3013 Jim Lee Rd, Tallahassee, FL, 32301

Grades 9-12

1.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby