510 S College Street, Statesboro, GA 30458

$600,000

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Sold Price
$600,000
List Price
$700,000
Status
CLOSED
Days on Market
140
Closing Date
Dec 12, 2025
MLS#
10537440
Subtype
Residential Income
Year Built
1960
Lot Size
130,680
Acres
3
Subdivision
Bonnie Glen (formally)

Property Description

EXCELLENT INVESTMENT OPPORTUNITY. LOCATED A BLOCK OFF THE BLUE MILE AND WITHIN WALKING DISTANCE OF GEORGIA SOUTHERN UNIVERSITY!! Close to restaurants, dog parks, and public transportation. This is a multi-family property on 3 acres consisting of 16 2-bedroom, 2-bath units. (5 buildings) located in the middle of Statesboro. The property in its current condition can be remodeled or cleared off the land and rebuilt to accommodate more density and produce more income. The property is serviced by city utilities and may be eligible for city incentives and special financing. The property is currently in a flood zone. If renovating to more than 50% of the value, it will have to be brought up to code. Possible owner financing with 50% down.

Additional Information

Heating
Central
Air Conditioning
Central Air, Electric
Stories
2 Stories
Levels
Two
Parking
Parking Pad
Elementary School
Langston Chapel
High School
Statesboro

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Weichert Realtors-Webb & Associates. Selling Office: .

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