• 107 & 109 Railroad Street Statesboro, GA 30458

  • $525,000
  • 2
    Bed(s)
  • 2
    Baths
  • 1,560
    Sq Ft
  • 0.4
    Acre

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.

Property Type :

ResidentialIncome

Subdivision :

Downtown Statesboro

County :

Bulloch

Style :

ResidentialIncome

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Property Details

 

Bedroom Information

Total beds : 2

Bathroom Information

Total Baths: 2

Full Baths: 2

Room Information

Basement: None

Interior Features

Roof : Composition

Appliances : Dishwasher,ElectricWaterHeater,Oven,Range,Refrigerator

Roofing Information

Composition

Flooring Information

Carpet,Hardwood

Heating & Cooling

Has Heating: Yes

Heating: Central,Electric,WindowUnit

Has Cooling: Yes

Cooling: CentralAir,Electric,Other,WindowUnits

Building Information

Year Built: 1960

Construction Materials : Brick,Frame,VinylSiding

Patio And Porch Features : Deck,FrontPorch

Private Pool : No

Exterior Features

Exterior Features : Deck

Lot Information

Lot Dimensions: 100 x 175

Main Square Feet: 0.4

Lot Size Acres: 0.4

Lot Size Square Feet: 17424

Lot Description: InteriorLot,Level

Property Information

Subdivision: Downtown Statesboro

Source Property Type: ResidentialIncome

Zoning Description: Multi Family

Property SubType: Duplex

Property Age: 64

Listing Price Information

Original List Price: $525000

Cash,Conventional,Item1031Exchange,PrivateFinancingAvailable

Tax Information

Parcel Number: S27 000061 000

Tax Legal Desc: 107 Railroad Street

Parking Information

Detached,OffStreet,OnStreet

School Information

Elementary School: Mattie Lively

Junior High School: William James

Senior High School: Statesboro

Utility Information

CableAvailable

Location Information

Direction: 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

WaterSource: Public

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
E Highway 80, Statesboro, GA,30458 $504,000 -- -- -- 6.3 Acres
E Highway 80, Statesboro, GA,30458 $945,000 -- -- -- 12.6 Acres
Westide Rd, Statesboro, GA,30458 $550,000 -- -- -- 28.4 Acres
Pulaski Highway, Statesboro, GA,30458 $125,000 -- -- -- 4.6 Acres
Burkhalter, Statesboro, GA,30458 $2,576,000 -- -- -- 113 Acres
3.6 AC Langston Chapel .., Statesboro, GA,30458 $615,000 -- -- -- 3.6 Acres
11325 Burkhalter Road, Statesboro, GA,30458 $1,509,000 -- -- -- 98.76 Acres
129 Blue Ridge Drive, Statesboro, GA,30458 $485,000 4 3 2,986 0.49 Acre
900 Miller Street, Statesboro, GA,30458 $49,900 3 2 1,776 0.95 Acre
LOT 5B Julieann Way, Statesboro, GA,30458 $55,000 -- -- -- 1.67 Acres

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ByOwner last updated this listing 04/28/2024 @ 19:25

MLS: 300245
LISTED BY: Jennifer Rutherford, Jenny Rutherford Real Estate, LLC
SOURCE: Savannah Multi-List Corporation
Buyer Agency Compensation: 2.4%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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