Estimated payment $1,091/month
Highlights
- No HOA
- 1-Story Property
- Heating Available
- Window Unit Cooling System
About This Home
Unlock the potential of this unique investment package! 3 properties included! This offering includes a seven-unit apartment building, a vacant buildable lot, and an additional lot with dilapidated house. The apartment building is a block structure with a metal roof, housing seven individual 1-bedroom, 1-bathroom units, each equipped with a kitchen and window AC units. No laundry. Water/Sewer included in rent. Tenants pay for Electricity with Ga Power. While all units require renovation, 3 are currently tenant-occupied, generating a steady income. This provides an immediate revenue stream while you plan and execute upgrades to maximize rental income. Adding to the value, included in price is a 0.17-acre vacant Lot directly across the street, offering prime potential for new construction, additional parking, or future development. Furthermore, a 0.37-acre lot located behind the apartment building at 379 N Cypress Street, which currently hosts a dilapidated house, is also part of this package. This is a comprehensive package deal perfect for investors looking to acquire a multi-faceted property with diverse income-generating and development possibilities. Property is priced according to condition and being sold As Is.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Parking
- Off-Street Parking
Home Design
- Fixer Upper
- Slab Foundation
- Block Exterior
Schools
- Jesup Elementary School
- Arthur Williams Middle School
- Wayne County High School
Utilities
- Window Unit Cooling System
- Heating Available
Additional Features
- 1-Story Property
- 0.77 Acre Lot
Community Details
Overview
- No Home Owners Association
- 7 Units
Building Details
- Water Sewer Expense $2,760
- Gross Income $18,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Pending | -- | -- | -- |
| 06/10/2025 06/10/25 | For Sale | $175,000 | -- | -- |
Source: Georgia MLS
MLS Number: 10540983
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