Bought with John Courson • FIRST COMMERCIAL REAL ESTATE
$192,900
$189,900
1.6%For more information regarding the value of a property, please contact us for a free consultation.
1611 Victory Drive Remerton, GA 31601
4 Baths
2,892 SqFt
Key Details
Sold Price $192,900
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,892 sqft
Price per Sqft $66
Subdivision Remerton
MLS Listing ID 127132
Sold Date 12/16/21
HOA Y/N No
Annual Tax Amount $3,698
Tax Year 2021
Lot Size 0.380 Acres
Property Sub-Type Duplex
Property Description
Excellent return and affordability for 2 duplex units (4 doors) located in the heart of Valdosta/Remerton. Two 1BR/1BA floorplans in front and two 2BR/1BA units in back. Totally electric appliance package includes refrigerator, range/oven, dishwasher. Metal roofs and units are individually metered for power and water (tenant responsibility), plenty of parking for residents and guests on this 0.38 acre site. Good rental history, most recently rented units bumping to $525/month or more! Lots of jobs, dining, entertainment all around. Sold as-is, no seller financing. One unit will need some flooring work, ask PM for details. Proforma cap rate of 8.63% using $525 rents and 35% operating expense.
Location
State GA
Area 4-S Baytree Rd To W Oak St To S Hill Ave (Ctylmts)
Zoning M-F
Interior
Interior Features Other
Heating Central, Electric
Exterior
Exterior Feature None
Roof Type Metal
Building
Story One
Sewer Public Sewer
Water Public
Others
Tax ID 0082D 167
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