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111 1ST ST FITZGERALD, GA 31750
- Townhouse or Condo / Resale (MLS)
Property Details for 111 1ST ST, FITZGERALD, GA 31750
Features
- Price/sqft: $64
- Lot Size: 0.86 acres
- Total Rooms: 5
- Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
- Stories: 200
- Heating: Central Furnace
Facts
- Year Built: 01/01/1950
- Property ID: 897808092
- MLS Number: 140989
- Parcel Number: 11-4-5-5-3
- Property Type: Townhouse or Condo
- County: Ben Hill
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 16 door investment opportunity in Fitzgerald, GA. Offering consists of Two all brick buildings, eight 2br/1ba, and eight 1br/1ba apartments currently at 94% occupancy. 1 br units rent for $600 mo and 2 br units rent for $650. Recent updates to interior and exterior include new exterior paint, new windows, new HVAC units in all units. Some Interior units have been renovated as they are turned. All units have individually metered utilities. Asking price cap rate of 8.66% based on a gross effective rent of $120, 000 a year with 35% OPEX. Located 0.5 miles from downtown Fitzgerald, GA.
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Property Brokerage:
Century 21 Realty Advisors
1303 Baytree Rd
Valdosta
GA
31602
Copyright © 2024 South Georgia MLS (Valdosta). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.