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202 Molette Street

Fort Valley, GA 31030
  • $875,000
  • STATUS: Active
  • ON SITE: 114 Days
  • MLS #: 10220383
UPDATED: 24 min ago
$875,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1968
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

This newly renovated multi-unit property, twelve 1 BR 1 BA, is in walking distance to Fort Valley State University. Of the 12 doors, 11 units are occupied and have a 5-month term lease based on school semesters or 1 year lease. Currently being rented as student housing with a kitchenette. Two sets of washer and dryer are included in separate common areas for accommodation for tenants. Each unit is individually metered for water, sewer and paid by the tenant. All new plumbing and windows including 13 new electrical breakers boxes throughout the building. Owner is responsible for hallway electricity with a minimal utility bill with low maintenance fees. 8 out of the 12 units are furnished with beds/dressers/43 in screen smart TV. For student relaxation- picnic benches are a delight for a nice sunny breeze. All new LVP flooring throughout the entire building. Freshly painted. The potential cap rate at full occupancy is at 9%. Please do not disturb tenants. Property is sold as-is!

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Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Jarrett Martin Group | Corcoran Classic Living are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Jarrett Martin Group | Corcoran Classic Living. Data last updated: 2024-02-24T00:08:09.807.
www.jarrettmartingroup.com/homes/144900066
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202 Molette Street Fort Valley, GA 31030

  • Price: $875,000
  • Status: Active
  • On Site: 114 Days
  • Updated: 24 min ago
  • MLS #: 10220383
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1968
Built
Neighborhood:
Fort Valley 119
County:
Peach
Area:
Fort Valley
Elementary School:
Hunt
Middle School:
Fort Valley
High School:
Peach County
Property Description
This newly renovated multi-unit property, twelve 1 BR 1 BA, is in walking distance to Fort Valley State University. Of the 12 doors, 11 units are occupied and have a 5-month term lease based on school semesters or 1 year lease. Currently being rented as student housing with a kitchenette. Two sets of washer and dryer are included in separate common areas for accommodation for tenants. Each unit is individually metered for water, sewer and paid by the tenant. All new plumbing and windows including 13 new electrical breakers boxes throughout the building. Owner is responsible for hallway electricity with a minimal utility bill with low maintenance fees. 8 out of the 12 units are furnished with beds/dressers/43 in screen smart TV. For student relaxation- picnic benches are a delight for a nice sunny breeze. All new LVP flooring throughout the entire building. Freshly painted. The potential cap rate at full occupancy is at 9%. Please do not disturb tenants. Property is sold as-is!
Exterior Features

Attached Garage YN No Carport YN No Construction Materials BrickWood Siding Garage YN No Levels Two Lot Size Area 14374.8 Lot Size Source Appraiser Lot Size Units Square Feet Open Parking YN Yes Parking Features Parking PadSide/Rear Entrance Parking Total 16

Interior Features

Above Grade Finished Area Units Square Feet Basement Crawl Space Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling ElectricCentral AirHeat Pump Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating ElectricCentral Heating YN Yes Laundry Features Common Area Living Area Units Square Feet

Property Features

Association Fee Includes None Association YN No Community Features Street Lights Gross Income 8200 New Construction YN No Property Condition Updated/Remodeled Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions As IsInvestor OwnedNo Disclosure Structure Type Multi Family Tax Annual Amount 4192 Tax Year 2023 Utilities Electricity Individual Meters Water Source Public

GAMLS logo Listing provided courtesy of Keller Williams Rlty Atl. Part: 770-632-1112. © 2024 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Jarrett Martin Group | Corcoran Classic Living are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Jarrett Martin Group | Corcoran Classic Living. Data last updated: 2024-02-24T00:08:09.807.
 
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The Jarrett Martin Group | Corcoran Classic Living
940 Prince Ave STE C
Athens GA, 30606