211 Oak St, Statesboro, GA 30458

$230,000
: 7
BD
: 6
BA
: 3,815
SqFt

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Sold Price: $230,000
List Price: $350,000
Status: CLOSED
Days on Market: 74
Closing Date: Oct 01, 2024
MLS#: SA313584
Subtype: Residential Income
Style: Ranch, Traditional
Year Built: 1948
Bedrooms: 7
Bathrooms: 6
Full Baths: 6
Living Area: 3,815
Lot Size: 18,295
Acres: 0.42
Subdivision: Downtown
Neighborhood: Downtown

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Property Description

Ready to Renovate 6-Unit Portfolio Conveniently Located near Downtown Statesboro! Includes a 2BR/2BA 1,160 sqft Duplex at 211 Oak Street (1BR/1BA Each Unit) and 5BR/4BA 2,655 sqft Quadplex at 18 E Olliff St (3 1BR/1BA Units & 1 2BR/1BA Unit). Includes Buildable Land to Develop for Additional Income! $3,330/month Total Current Revenue on these Rentals that are Aggressively Priced at $58,333/Unit with ability to Renovate Interior to Increase Rents! Statesboro is a charming city steeped in history & culture & located about an hour from Savannah. With Georgia Southern University occupying the south side, the college town atmosphere extends well beyond campus w/over 20,000 enrolled students. Located Minutes from beautifully preserved architecture, Historic Storefronts, Housing, Specialty Shops, Restaurants & Georgia Southern Campus! Only 20 Minutes to I-16 and 50 Minutes to Pooler. Incredible Investment Opportunity! Rental Rates are Well Below Market Rent w/lots of room for increased income

912-289-7355

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