Bought with John Courson • FIRST COMMERCIAL REAL ESTATE
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712 Pineview Valdosta, GA 31602
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Key Details
Sold Price $50,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,940 sqft
Price per Sqft $17
Subdivision Pineview
MLS Listing ID 115214
Sold Date 06/03/19
HOA Y/N No
Annual Tax Amount $894
Tax Year 2017
Lot Size 0.360 Acres
Property Description
Rare duplex property with 1,824 sf 3BR/2BA on one side and a 1,116 sf 1BR/1BA on the other with room to expand. 3/2 unit has character - fireplace, nice hardwood flooring, big front porch, 2 separate living areas, and another room that could be an office or 4th bedroom. Rental estimate for the 3/2 is $750/month. The 1BR/1BA has living room, kitchenette and bathroom downstairs with two separate rooms upstairs. Also, there is one extra separate 260 sf room on the front right corner of the house that was once used as a sewing shop. This room could be combined with either duplex unit to increase bedroom counts. Huge 3 car attached garage and storage building out back. Property could use some updates and become an excellent income source or home with mother-in-law suite. One power meter for entire property, well, and city sewer. 15.02% cap rate at rental estimates minus 40% OPEX.
Location
State GA
Area 2-N Of Park Ave To E Oak St (City Limits)
Zoning DR-10
Interior
Interior Features Other
Heating Wall Furnace
Exterior
Exterior Feature Shared Electric Meters
Pool None
Roof Type Shingle
Parking Type 3+ Cars, Garage
Building
Story Two
Water Well
Others
Tax ID 0112D 039
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