Bought with Non-Member Solds Only (Outside) Non-Members Solds Only • Non-member for solds only
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Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,412 sqft
Price per Sqft $87
Subdivision No Recorded Subdivision
MLS Listing ID 1632371
Sold Date 06/09/22
Bedrooms 6
Full Baths 5
HOA Y/N No
Year Built 2008
Lot Size 8.360 Acres
Acres 8.36
Property Sub-Type Multi Family
Property Description
EXCELLENT INVESTMENT OPPORTUNITY WITH UPSIDE POTENTIAL! Presently yielding Scheduled Gross Income of $43,200. 6.93 GRM. There are 4 homes & 2 sheds located on this 8+ acre property with 2 tenants already in place for you!
House #1-2 story-1440 sq ft-2BR/2BA-Currently rented for $1700/mo (month-to-month)
House #2-Top floor-360 sq ft-1BR/1BA-Currently rented for $950/mo (1-year lease expires 8/24/22)
House #2-Bottom floor-352 sq ft-1BR/1BA-Now vacant but was rented at $850/mo
House #3-Vacant 2 story–1260 sq ft-2BR/2BA-needs interior renovations completed
House #4-Vacant Studio/Apartment-needs some interior renovations completed
None in located inside flood zone. 123 ft Altamaha river frontage. Sold As Is with no Seller Disclosure. Also, two of the four homes on this property are vacant & currently has incomplete interior renovations but once complete can result in even more rental income.
TENANT OCCUPIED,PLEASE DO NOT DISTURB TENANTS,24 HOUR NOTICE & APPOINTMENT NEEDED TO PREVIEW
Location
State GA
County Wayne
Area Wa: Wayne County
Direction Traveling northeast on US-84 turn left onto Rayonier Road, in 1.5 miles take a right onto Shrine Club Road, after 1 mile take right onto 2nd Thurmon Road, property will be at end of Thurmon Road approximately .25 of a mile.
Rooms
Other Rooms Shed(s)
Interior
Fireplace No
Exterior
Water Access Desc Private,Well
Garage false
Building
Lot Description 5-10 Acres
Sewer Septic Tank
Water Private, Well
Additional Building Shed(s)
New Construction No
Schools
Elementary Schools Jesup Elementary
Middle Schools Martha Puckett
High Schools Waynecounty
Others
Tax ID 110-175
Financing Cash
Special Listing Condition Listed As-Is
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Valerie Burnett
Broker Associate | License ID: 364875
Broker Associate License ID: 364875