702 Pineridge / Maplewood Package * Valdosta, GA 31602
Listing Courtesy of: VALDOSTA/SOUTH GEORGIA / Coldwell Banker Premier Real Estate / John Courson - Contact:  2292443535

  702 Pineridge / Maplewood Package * Valdosta, GA 31602

Contingent (127 Days)
$375,000
6
BED
4
BATH
3,547
SQFT

Description

Turnkey income in rare package deal for 2 separate tenant-occupied single family homes centrally located in quiet and sought-after neighborhoods. Located between Gornto / Jerry Jones / Baytree / Azalea these locations are close to everything Valdosta has to offer. SGMC and VSU only minutes away from these homes with countless jobs, schools, businesses and entertainment in every direction. Both have brick construction and have been updated over the years to attract and retain highest quality tenants. Multiple ways to make money - Buy and hold and raise rents over time OR peel off 1 at a time and sell individually at premium price points. $106/sf bulk portfolio price point is well under the $140-$150+/sf prices all of these homes would individually command in current locations and conditions. Current monthly gross will be $2,750 when 702 Pineridge leases up. Addresses are: 702 Pineridge is a 1736 sq ft 3 Bedroom / 2 Bath home that has just been turned and is rent ready with applications coming in at marketing price of $1,650/month. 906 Maplewood is an 1811 sq ft 3/2 leased for $1,550/month. Both homes utilities are direct billed to tenants from utility providers. Rent roll and detailed financials available for qualified prospects. This 2 home package is part of bigger portfolio of up to 20 single family homes for sale by same Seller - see MLS # 140358. Preference is to sell both homes at once but seller may consider to sell individually - premium / market price points per door will apply.

MLS #:
142290
Type
Multifamily
County
Lowndes County

Listed By

John Courson, Coldwell Banker Premier Real Estate, Contact: 2292443535
Source
VALDOSTA/SOUTH GEORGIA
Last checked Dec 4 2024 at 3:02 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Subdivision
  • Azalea
Heating and Cooling
  • Central Air
Basement Information
  • No
Pool Information
  • None
Exterior Features
  • Frame
  • Brick Veneer
  • Roof: Architectural
  • Roof: Shingle
Utility Information
  • Utilities: Public
  • Sewer: Public Sewer
Parking
  • Other
  • Driveway
  • Carport
Stories
  • 1
Additional Information: Premier Real Estate | 2292443535
Location
   
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Disclaimer: Copyright 2023 Valdosta Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/21/23 09:29