$375,000
Active Under Contract
49 Days Online
6 Beds4 Baths3,547 SQFT
Active Under Contract

702 Pineridge / Maplewood Package Valdosta, GA 31602

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Turnkey income in rare package deal for 2 separate tenant-occupied single family homes centrally located in quiet and sought-after neighborhoods. Located between Gornto / Jerry Jones / Baytree / Azalea these locations are close to everything Valdosta has to offer. SGMC and VSU only minutes away from these homes with countless jobs, schools, businesses and entertainment in every direction. Both have brick construction and have been updated over the years to attract and retain highest quality tenants. Multiple ways to make money - Buy and hold and raise rents over time OR peel off 1 at a time and sell individually at premium price points. $106/sf bulk portfolio price point is well under the $140-$150+/sf prices all of these homes would individually command in current locations and conditions. Current monthly gross will be $2, 750 when 702 Pineridge leases up. Addresses are: 702 Pineridge is a 1736 sq ft 3 Bedroom / 2 Bath home that has just been turned and is rent ready with applications coming in at marketing price of $1, 650/month. 906 Maplewood is an 1811 sq ft 3/2 leased for $1, 550/month. Both homes utilities are direct billed to tenants from utility providers. Rent roll and detailed financials available for qualified prospects. This 2 home package is part of bigger portfolio of up to 20 single family homes for sale by same Seller - see MLS # 140358. Preference is to sell both homes at once but seller may consider to sell individually - premium / market price points per door will apply.

  • Property TypeMulti-Family
  • NeighborhoodAzalea
  • CountyLowndes
  • Taxes$4,223
  • HOA/Condo/Coop Fees$0
  • Days on Site48 Days
  • MLS StatusActive Under Contract
  • MLS ID Number142290
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0 Acres
  • Full Baths4
  • Partial BathsN/A

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