Open House Sat, Apr 27th 11:00 AM - 01:00 PM
Address
18 E Olliff St/211 Oak St/107 & 109 Railroad Street, Statesboro, GA
Price
$ 525,000
Property Attributes
  • MLS#300069
  • TypeCommercial
  • CountyBULLOCH
  • CityStatesboro
  • Zip30458
  • StyleMultiFamily
  • Price$ 525,000
  • Bedrooms10
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage5375
  • Lot Size0.83 Acres
Data Source:
Savannah MLS (SMLC)
Property Description

Excellent Investment 8 Unit Portfolio located in Statesboro, GA! 8 CAP Convenient location close to Downtown Statesboro, this Listing Price includes a total of 8 Units at the following 3 Properties which must be purchased together as one sale: 18 E Olliff St (Quadplex 1BR/1BA Each Unit) / 211 Oak St (Duplex 1BR/1BA Each Side) / 107 & 109 Railroad St (Duplex 2BR/1BA Each Side). $4180/mo Total Current Revenue on these Yearly Rentals that are aggressively priced at $75,000/Unit! Also INCLUDES Extra Buildable Land to develop for Additional Income! Ready to Renovate & Increase Rents. About an hour inland from Savannah, Statesboro is a charming city steeped in history & culture. With Georgia Southern University occupying the south side, the college town atmosphere extends well beyond campus w/20,000 students influencing the cultural landscape. Statesboro's Downtown district features countless examples of beautifully preserved architecture, Historic Storefronts, Housing, Shops &​​‌​​​​‌​​‌‌‌​​‌​​‌‌‌​​‌ Restaurants

Price History
12/10/2023 Listed $600,000
1/10/2024 5% - $575,000
3/6/2024 9% - $525,000

General Features

Additional Parcels Y/N No
Appliances ElectricWaterHeater
Architectural Style Ranch, Traditional
Attached Garage No
Carport Y/N No
City Statesboro
Construction Materials Brick, VinylSiding
Cooling CentralAir, Electric, WallUnits, WindowUnits
County Bulloch
Current Use Residential
Directions From Hwy 67 head east on Northside Dr W toward North College Street. Turn right onto N Main St. Turn left onto E Olliff St. 18 E Olliff St will be on the corner of E Olliff St and Oak St. 211 Oak St.
Expected Active Date 2023-12-09
Garage Y/N No
HOA / Comm Assn No
Heating Central, Electric, WindowUnit, WallFurnace
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Legal Description 107 Railroad Street
Levels One
Listing Terms Cash, Conventional, Item1031Exchange, PrivateFinancingAvailable
Lot Size Square Feet 36155.0
Mobilehomeremainsyn No
Modificationtimestamp 2024-04-15T19:27:02.273-00:00
New Construction No
Occupancy Description Tenant
Ownerpays CommonAreaMaintenance, Insurance, Management, None, Taxes
Percent Ownership Homeowner/Owner
Possession CloseOfEscrow
Postalcity Statesboro
Private Pool No
Property Attached Y/N Yes
Property Sub Type Additional MultiFamily
Property SubType MultiFamily
Property Type CommercialSale
Rent Control Y/N No
Roof Composition
Security Features None
Senior Community Y/N No
Sewer PublicSewer
Special Listing Conditions Standard
Standard Status Active
Status Active
Stories 1
Street Name Olliff St/211 Oak St/107 & 109 Railroad
Tax Year 2023
Topography Level
Utilities CableAvailable
View Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/sav/300069
Waterfront Y/N No
Year Built 1960
Zoning R4
Zoning Description Mixed use

Interior Features

Air Conditioning Y/N Yes
Basement None
Basement (Y/N) No
Common Walls Item2CommonWalls
Electric On Property Y/N No
Fireplace Y/N No
Flooring Carpet, Hardwood
Full Baths 8
Heating Y/N Yes
Livingareasource Assessor
Street Suffix Street
Total Baths 8
Total Bedrooms 10
Total Stories 2

Exterior Features

Living Area 5375.0
Crops Included Y/N No
Foundation Details PillarPostPier
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Features Level, OpenSpace
Lot Size Acres 0.83
Lot Size Area 0.83
Lot Size Units Acres
Number of Lots 2
Number of Separate Electric Meters 8
Number of Separate Water Meters 8
Open Parking Y/N No
Road Responsibility PublicMaintainedRoad
Road Surface Type Asphalt
Spa No
Total Parking 8.0
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 30458

Price
AVG $600K
$530K
Visits
AVG 125
618
Data Provided by Inside Real Estate®
Year Built
AVG 1948
1960

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