Open House Sat, Apr 27th 11:00 AM - 01:00 PM
Address
107 & 109 Railroad Street, Statesboro, GA
Price
$ 525,000
Property Attributes
  • MLS#300245
  • TypeMulti-Family
  • CountyBULLOCH
  • CityStatesboro
  • NeighborhoodDowntown Statesboro
  • Zip30458
  • StyleDuplex
  • Price$ 525,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1560
  • Lot Size0.4 Acres
Data Source:
Savannah MLS (SMLC)
Property Description

CASH Flow & DSCR Loan Approved w/Lenders specific to this Property: 640 Credit Score or higher Eligible as Property Cash Flows at asking Price w/20% Down! 8 CAP. Convenient 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, Statesboro, GA 30458 / 211 Oak St, Statesboro, GA 30458 / 107 & 109 Railroad St, Statesboro GA, 30458. $4180/mo Total Current Revenue on Yearly Rentals that are aggressively priced at $75,000/Unit. Also INCLUDES extra Buildable Land to develop = Additional Income! Ready to Renovate & Increase Rents. About 1 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 enrolled students. Nearby beautifully preserved Historic Storefronts, Housing, Specialty Shops & Restaurants! 107 & 109 Railroad is 2BR/1BA each.

Elementary School Middle School High School
Mattie Lively Elementary School William James Middle School Statesboro High School
Price History
12/9/2023 Listed $600,000
1/10/2024 5% - $575,000
3/6/2024 9% - $525,000

General Features

Accessibility NoStairs
Additional Parcels Y/N No
Appliances Dishwasher, ElectricWaterHeater, Oven, Range, Refrigerator
Architectural Style Ranch
Attached Garage No
Carport Y/N No
City Statesboro
Community Features Shopping, StreetLights, Sidewalks, WalktoSchool
Construction Materials Brick, Frame, VinylSiding
Cooling CentralAir, Electric, Other, WindowUnits
County Bulloch
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. Turn right onto Railroad St. Property will be on the right
Elementary School Mattie Lively
Expected Active Date 2023-12-09
Exterior Features Deck
Garage Y/N No
HOA / Comm Assn No
Heating Central, Electric, WindowUnit
High School Statesboro
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
Listing Terms Cash, Conventional, Item1031Exchange, PrivateFinancingAvailable
Lot Size Square Feet 17424.0
Middle/Junior High School William James
Mobilehomeremainsyn No
Modificationtimestamp 2024-04-15T19:27:02.273-00:00
New Construction No
Occupancy Description Tenant
Patio/Porch Features Deck, FrontPorch
Percent Ownership Homeowner/Owner
Possession CloseOfEscrow
Postalcity Statesboro
Private Pool No
Property Attached Y/N Yes
Property Sub Type Additional Duplex
Property SubType Duplex
Property Type ResidentialIncome
Rent Control Y/N No
Roof Composition
Senior Community Y/N No
Sewer PublicSewer
Special Listing Conditions Standard
Standard Status Active
Status Active
Street Name Railroad
Subdivision Name Downtown Statesboro
Total Units 2
Utilities CableAvailable
View Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/sav/300245
Waterfront Y/N No
Year Built 1960
Zoning R4
Zoning Description Multi Family

Interior Features

Air Conditioning Y/N Yes
Basement None
Basement (Y/N) No
Common Walls Item1CommonWall
Electric On Property Y/N No
Fireplace Y/N No
Flooring Carpet, Hardwood
Full Baths 2
Heating Y/N Yes
Livingareasource Other
Street Suffix Street
Total Baths 2
Total Bedrooms 2
Total Stories 1

Exterior Features

Living Area 1560.0
Crops Included Y/N No
Foundation Details PillarPostPier
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Dimensions 100 x 175
Lot Features InteriorLot, Level
Lot Size Acres 0.4
Lot Size Area 0.4
Lot Size Units Acres
Number of Buildings 1
Open Parking Y/N No
Parking Features Detached, OffStreet, OnStreet
Road Responsibility PublicMaintainedRoad
Road Surface Type Asphalt
Spa No
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 Multi-Family Average in 30458

Price
AVG $340K
$530K
Visits
AVG 52
127
Data Provided by Inside Real Estate®
Year Built
AVG 1984
1960

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