2039 Summer Lane #2045 & 2047, Tallahassee, FL 32305

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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...

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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