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702 Pineridge / Maplewood Package, Valdosta, GA 31602

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For Sale
Sale Pending

$375,000

6 beds • 4 baths • 3,547 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $105.72
    Price per square foot

Explore this Property

Turnkey income in rare package deal for 2 separate tenant-occupied single family homes centrally located in quiet and sought-after neighborhoods. Located between Gornto / Jerry Jones / Baytree / Azalea these locations are close to everything Valdosta has to offer. SGMC and VSU only minutes away from these homes with countless jobs, schools, businesses and entertainment in every direction. Both have brick construction and have been updated over the years to attract and retain highest quality tenants. Multiple ways to make money - Buy and hold and raise rents over time OR peel off 1 at a time and sell individually at premium price points. $106/sf bulk portfolio price point is well under the $140-$150+/sf prices all of these homes would individually command in current locations and conditions. Current monthly gross will be $2,750 when 702 Pineridge leases up. Addresses are: 702 Pineridge is a 1736 sq ft 3 Bedroom / 2 Bath home that has just been turned and is rent ready with applications coming in at marketing price of $1,650/month. 906 Maplewood is an 1811 sq ft 3/2 leased for $1,550/month. Both homes utilities are direct billed to tenants from utility providers. Rent roll and detailed financials available for qualified prospects. This 2 home package is part of bigger portfolio of up to 20 single family homes for sale by same Seller - see MLS # 140358. Preference is to sell both homes at once but seller may consider to sell individually - premium / market price points per door will apply.
MLS# 142290

Courtesy Of COLDWELL BANKER PREMIER REAL E

(229) 244-3535

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Brick, Brick Veneer
  • Heating System
    Central Furnace

Map and Directions

Directions to 702 Pineridge / Maplewood Package, Valdosta, GA 31602

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(229) 333-4622
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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