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Property Description

Unlock the potential of this unique investment package! 3 properties included! This offering includes a seven-unit apartment building, a vacant buildable lot, and an additional lot with dilapidated house. The apartment building is a block structure with a metal roof, housing seven individual 1-bedroom, 1-bathroom units, each equipped with a kitchen and window AC units. No laundry. Water/Sewer included in rent. Tenants pay for Electricity with Ga Power. While all units require renovation, 3 are currently tenant-occupied, generating a steady income. This provides an immediate revenue stream while you plan and execute upgrades to maximize rental income. Adding to the value, included in price is a 0.17-acre vacant Lot directly across the street, offering prime potential for new construction, additional parking, or future development. Furthermore, a 0.37-acre lot located behind the apartment building at 379 N Cypress Street, which currently hosts a dilapidated house, is also part of this package. This is a comprehensive package deal perfect for investors looking to acquire a multi-faceted property with diverse income-generating and development possibilities. Property is priced according to condition and being sold As Is.

Overview

Property Status
Pending
Lot Size
0.77 Acres
MLS ID
10540983
Property Type
Multi-Family
Year Built
1968

Features & Amenities

Stories
1
Water Source
Public
Utilites
Electricity Individual Meters
Parking
Off Street
Heat Type
Electric
Air Conditioning
Electric, Window Unit(s)
Sewer
Public Sewer
Substructure
Slab
Elementary School
Jesup
Middle School
Arthur Williams
High School
Wayne County
Sales Price
$175,000

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APT E Oak Street

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for your interest in APT E Oak Street, Jesup, GA 31546

APT E Oak Street
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