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Size: 0.64 Acres
Home: 8 beds - 3 full baths - 3,076 Sq Ft

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Multi Unit - Valdosta, GA

This investment opportunity is perfect for the investors who like the 1% rule - it's actually better! 3 doors on two separate parcels. 511 Sustella Avenue is a large 4 bedroom / 1 bath home filled with character that you never see in newer homes these days! Current rent here is $1100 / month but a previous Section 8 voucher leased this location for $1500/month! 522 Green Street is a two door deal - 3 bedroom one bath house in the front leased at $640 / month and a 1 / 1 detached apartment in the back leased at $600/month - both of which could be bumped to market rates! 1480 sq ft for Sustella and a combined 1596 sq ft for Green total 2500 or only $85/sf!!! Total monthly rent of $2,340 prices this deal at an 8.5% capitalization rate with 35% operating expense factor. Professional property management in place - tenants responsible for their own utilities. This 3 door package is part...

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Contact Seller

COLDWELL BANKER PREMIER REAL E

VALDOSTA, GA

(229) 251-4632

John Courson

COLDWELL BANKER PREMIER REAL E
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Is this your property? Sell it faster with premium placement and targeted ads.