107 & 109 Railroad St, Statesboro, GA 30458

$160,000
4
BD
2
BA
1,560
SqFt

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Sold Price
$160,000
List Price
$175,000
Status
CLOSED
Days on Market
52
Closing Date
Nov 08, 2024
MLS#
SA313582
Subtype
Residential Income
Style
Traditional
Year Built
1960
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,560
Lot Size
17,424
Acres
0.40
Subdivision
Statesboro Urban
Neighborhood
Statesboro Urban

Property Description

CASH BUYERS! Incredible Buy for Owner Occupant or Investor! BRAND NEW ROOF! 4BR/2BA 1560sqft Duplex Located in Downtown Statesboro! Each Unit has 2BR/1BA. Total Current Revenue on these rentals is $1000/mo ($500 per side) with the ability to Renovate the Interior to Increase Rents for Income Potential of $3,000/Month ($1500/per side). Includes Buildable Land to develop for Additional Income! Statesboro is a charming city steeped in history & culture approx 1 hour from Savannah. With Georgia Southern University occupying the south side, the college town atmosphere extends well beyond campus with over 20,000 enrolled students. Walking distance to beautifully preserved Historic Storefronts, Specialty Shops, Restaurants, Housing & Georgia Southern Campus! Only 20 Minutes to I-16 and 50 Minutes to Pooler. Incredible Investment Opportunity! Use rental income to supplement cost of mortgage! Duplex qualifies for traditional Residential financing: Conventional or Portfolio Loans. NO FHA OR VA.

Additional Information

Property Description
Traditional
Zoning
R4
Flooring
Carpet
Appliances
Electric Water Heater
Heating
Electric, Window Unit(s)
Air Conditioning
Electric, Other, Window/Wall
Roof
Composition
Foundation
Pillar/Post/Pier, Raised, Slab
Parking Features
Off Street, On Street
Elementary School
Mattie Lively
Middle School
William James
High School
Statesboro

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Calculator source: Real Geeks

Listing courtesy of Jenny Rutherford Real Estate, LLC. Selling Office: Jenny Rutherford Real Estate, LLC.