Bought with John Courson • FIRST COMMERCIAL REAL ESTATE
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2098 S Sherwood Drive Valdosta, GA 31602
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Key Details
Sold Price $305,000
Property Type Multi-Family
Sub Type Multi Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 3,072 sqft
Price per Sqft $99
Subdivision New Wood Valley
MLS Listing ID 125014
Sold Date 06/30/21
HOA Y/N No
Annual Tax Amount $2,206
Tax Year 2020
Lot Size 0.300 Acres
Property Description
Ideal investment opportunity for this recently updated triplex in highly desirable New Wood Valley location. Each unit is a 1024 square foot 2 bedroom / 2 bathroom configuration. Recent updates to 2 units include granite countertops, appliance packages, all new lighting & plumbing fixtures, luxury vinyl plank wood-look flooring, painting, etc. Brand new 30 year warranty roof also! Unmatched central location in this quiet neighborhood right in the middle of town. Easy and quick access to South Georgia Medical Center, Valdosta State University (12,300 fall 2020 enrollment), Valdosta Mall, Moody Air Force Base, & countless places of employment, shopping, restaurants, nightlife, etc. Rents are $850, $850, & $750 respectively for a 6.9% proforma cap rate at 30% operating expense factor. Perfect location for your investment or to live in one of the units while the other two pay the freight!
Location
State GA
Area 1-N Of Baytree Rd To W Oak St (City Limits)
Zoning DR-10
Interior
Interior Features Other
Heating Central, Electric
Exterior
Exterior Feature Other
Pool None
Roof Type Shingle
Parking Type On Street, 3+ Cars, Driveway
Building
Story One
Sewer Public Sewer
Water Public
Others
Tax ID 0082 152
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