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* Sustella - Green, Valdosta, GA 31601

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For Sale

$214,729

8 beds3 baths3,076 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $69.81
    Price per square foot

Explore this Property

This investment opportunity is perfect for the investors who like the 1% rule - it's actually better! 3 doors on two separate parcels. 511 Sustella Avenue is a large 4 bedroom / 1 bath home filled with character that you never see in newer homes these days! Current rent here is $1100 / month but a previous Section 8 voucher leased this location for $1500/month! 522 Green Street is a two door deal - 3 bedroom one bath house in the front leased at $640 / month and a 1 / 1 detached apartment in the back leased at $600/month - both of which could be bumped to market rates! 1480 sq ft for Sustella and a combined 1596 sq ft for Green total 2500 or only $85/sf!!! Total monthly rent of $2,340 prices this deal at an 8.5% capitalization rate with 35% operating expense factor. Professional property management in place - tenants responsible for their own utilities. This 3 door package is part of a larger portfolio of 25 similar single family homes listed together as MLS # 143376 and can be bought alone or with combinations of other packages broken out of the 25 total homes listed FOR SALE. See MLS #s 144574, 144575, 144579, 144580, 144581, & 144582 for smaller packages.
MLS# 144577

Courtesy Of COLDWELL BANKER PREMIER REAL E

(229) 244-3535

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.64 Acres

Map and Directions

Directions to * Sustella - Green, Valdosta, GA 31601
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Home seller CENTURY 21 Realty Advisors

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Realty Advisors

(229) 333-4622
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