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107 & 109 Railroad Street

Statesboro, GA 30458
  • $525,000
  • STATUS: Active
  • ON SITE: 134 Days
  • MLS #: 300245
$525,000
  • 2
    BEDS
  • 0.4
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,560
    SQFT
  • $337
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

CASH Flow & DSCR Loan Approved w/Lenders specific to this Property: 640 Credit Score or higher Eligible as Property Cash Flows at asking Price w/20% Down! 8 CAP. Convenient to Downtown Statesboro, this Listing Price includes a total of 8 Units at the following 3 Properties which must be purchased together as one sale: 18 E Olliff St, Statesboro, GA 30458 / 211 Oak St, Statesboro, GA 30458 / 107 & 109 Railroad St, Statesboro GA, 30458. $4180/mo Total Current Revenue on Yearly Rentals that are aggressively priced at $75,000/Unit. Also INCLUDES extra Buildable Land to develop = Additional Income! Ready to Renovate & Increase Rents. About 1 hour inland from Savannah, Statesboro is a charming city steeped in history & culture. With Georgia Southern University occupying the south side, the college town atmosphere extends well beyond campus w/20,000 enrolled students. Nearby beautifully preserved Historic Storefronts, Housing, Specialty Shops & Restaurants! 107 & 109 Railroad is 2BR/1BA each.

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© 2024 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Teresa Cowart Team | RE/MAX Accent. Real estate listings held by brokerage firms other than Teresa Cowart Team | RE/MAX Accent are marked with the name of the listing brokers. IDX information is provided exclusively 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: 2024-04-20T22:28:26.023.

www.teresacowartteam.com/homes/145954347
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107 & 109 Railroad Street Statesboro, GA 30458

  • Price: $525,000
  • Status: Active
  • On Site: 134 Days
  • MLS #: 300245
2
Beds
2
Baths
0
½ Baths
0.4
Acres
1,560
SQFT
$337
$/SQFT
1960
Built
Neighborhood:
Downtown Statesboro
County:
Bulloch
Area:
Statesboro
Elementary School:
Mattie Lively
Middle School:
William James
High School:
Statesboro
Property Description
CASH Flow & DSCR Loan Approved w/Lenders specific to this Property: 640 Credit Score or higher Eligible as Property Cash Flows at asking Price w/20% Down! 8 CAP. Convenient to Downtown Statesboro, this Listing Price includes a total of 8 Units at the following 3 Properties which must be purchased together as one sale: 18 E Olliff St, Statesboro, GA 30458 / 211 Oak St, Statesboro, GA 30458 / 107 & 109 Railroad St, Statesboro GA, 30458. $4180/mo Total Current Revenue on Yearly Rentals that are aggressively priced at $75,000/Unit. Also INCLUDES extra Buildable Land to develop = Additional Income! Ready to Renovate & Increase Rents. About 1 hour inland from Savannah, Statesboro is a charming city steeped in history & culture. With Georgia Southern University occupying the south side, the college town atmosphere extends well beyond campus w/20,000 enrolled students. Nearby beautifully preserved Historic Storefronts, Housing, Specialty Shops & Restaurants! 107 & 109 Railroad is 2BR/1BA each.
Exterior Features

Architectural Style Ranch Construction Materials Brick Frame Vinyl Siding Exterior Features Deck Foundation Details Pillar Post Pier Garage YN No Lot Size Dimensions 100 x 175 Parking Features Detached Off Street On Street Patio And Porch Features Deck Front Porch Road Responsibility Public Maintained Road Road Surface Type Asphalt Roof Composition

Interior Features

Accessibility Features No Stairs Appliances Dishwasher Electric Water Heater Oven Range Refrigerator Basement None Basement YN No Common Walls Item1 Common Wall Cooling Central Air Electric Other Window Units Cooling YN Yes Flooring Carpet Hardwood Heating Central Electric Window Unit Heating YN Yes

Property Features

Association YN No Community Features Shopping Street Lights Sidewalks Walkto School Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Item1031 Exchange Private Financing Available Lot Features Interior Lot Level Number Of Units In Community 2 Property Attached YN Yes Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Standard Utilities Cable Available Water Source Public Waterfront YN No Zoning Description Multi Family

Listing courtesy of Jennifer L. Rutherford of Jenny Rutherford Real Estate, LLC: (912) 388-2828. © 2024 Savannah Multi-List Corporation. All rights reserved.


© 2024 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Teresa Cowart Team | RE/MAX Accent. Real estate listings held by brokerage firms other than Teresa Cowart Team | RE/MAX Accent are marked with the name of the listing brokers. IDX information is provided exclusively 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: 2024-04-20T22:28:26.023.

 
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