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Jesup,GA 31546
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10540983
HOA Y/N No
Year Built 1968
Lot Size 0.770 Acres
Acres 0.77
Lot Dimensions 33541.2
Property Sub-Type Multi Family
Source Georgia MLS 2
Property Description
Unlock the potential of this unique investment package! 3 properties included! This offering includes a seven-unit apartment building, a vacant buildable lot, and an additional lot with dilapidated house. The apartment building is a block structure with a metal roof, housing seven individual 1-bedroom, 1-bathroom units, each equipped with a kitchen and window AC units. No laundry. Water/Sewer included in rent. Tenants pay for Electricity with Ga Power. While all units require renovation, 3 are currently tenant-occupied, generating a steady income. This provides an immediate revenue stream while you plan and execute upgrades to maximize rental income. Adding to the value, included in price is a 0.17-acre vacant Lot directly across the street, offering prime potential for new construction, additional parking, or future development. Furthermore, a 0.37-acre lot located behind the apartment building at 379 N Cypress Street, which currently hosts a dilapidated house, is also part of this package. This is a comprehensive package deal perfect for investors looking to acquire a multi-faceted property with diverse income-generating and development possibilities. Property is priced according to condition and being sold As Is.
Location
State GA
County Wayne
Rooms
Basement None
Interior
Heating Electric
Cooling Electric,Window Unit(s)
Fireplace No
Exterior
Parking Features Off Street
Community Features None
Utilities Available Electricity Individual Meters
View Y/N No
Garage No
Private Pool No
Building
Faces For GPS, us 379 N Cypress Street, Jesup. From Hwy 341, turn onto W. Pine Street... Right on N Cypress Street. The Apartment is on the corner of N Cypress Street and E. Oak Street. The lot is across the street.
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block
New Construction No
Schools
Elementary Schools Jesup
Middle Schools Arthur Williams
High Schools Wayne County
Others
HOA Fee Include None
Tax ID J14124
Special Listing Condition Fixer