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Listed by Rob McGhin Canopy Realty Group
$ 185,000
Est. payment /mo
New
1507 Vallotton Dr. Valdosta, GA 31601
3 Beds
1 Bath
1,116 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Residential Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,116 sqft
Price per Sqft $165
Subdivision Vallotton
MLS Listing ID 155294
Bedrooms 3
Full Baths 1
HOA Y/N No
Lot Size 10,018 Sqft
Lot Dimensions .23
Property Sub-Type Residential Investment
Property Description
Excellent opportunity to add two income producing properties to your rental portfolio! This package includes 1507 Vallotton Dr., Valdosta, GA 31601 and 726 E. Jane St., Valdosta, GA 31601. Both properties are currently tenant occupied, providing immediate rental income from day one. Offered together as a turn-key investment package, the properties are currently generating rents that meet the 1% rule based on the package offering price. 1507 Vallotton Dr. 3-bedroom, 1-bath single-family home featuring approximately 1,016 square feet of living space. Built in 1963, this brick home offers solid construction, central heating and air, a carport, storage shed, and a level lot. The property is currently tenant occupied and producing rental income. 726 E. Jane St. 2-bedroom, 1-bath single-family home with approximately 888 square feet of living space situated on a 0.29 acre lot. Features include updated kitchen appliances, tile and vinyl flooring, vinyl siding, a shingle roof, and a large backyard offering plenty of outdoor space. The property is currently tenant occupied and producing rental income. With tenants already in place, immediate cash flow, and rents meeting the 1% rule, this package provides investors an opportunity to acquire two established rental properties without the typical initial vacancy and tenant-placement period. Ideal for an investor looking to expand an existing portfolio or begin building one with income producing properties already in operation. Properties are being offered together as a package. Please do not disturb tenants.
Location
State GA
Area 3-S Of Park Ave To E Oak St To S Hill Ave
Zoning R
Interior
Heating Central
Cooling Central Air
Appliance Refrigerator, Electric Range
Exterior
Exterior Feature None
Parking Features Driveway
View Y/N No
Garage No
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One