105 9Th St Quincy, FL 32351
This exceptional investment opportunity presents a six-unit apartment building located at 105 N 9th St, Quincy, FL 32351. The property consists of two buildings, each housing three apartments. All six units are identical, featuring two bedrooms and one bathroom each, totaling 5,400 square feet across a single-story structure. This multifamily property boasts a prime location within walking distance of downtown Quincy, offering residents convenient access to local amenities. Furthermore, its proximity to Tallahassee (approximately 20 minutes away) provides easy access to a larger city's resources. The property benefits from a history of long-term ownership and stable tenants, suggesting a consistent rental income stream. This makes it an attractive prospect for investors seeking a reliable and established multifamily investment in a desirable Florida location. The asking price for this turnkey investment is $574,900. This represents a compelling opportunity to acquire a well-maintained, income-producing property in a growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.