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!
Property Features
0.33
None
No
Street Lights
4192.00
Electricity Individual Meters
Public Sewer
Public
Exterior Features
Parking Pad
Side/Rear Entrance
Residential Income
Interior Features
Electric
Central Air
Heat Pump
Electric
Central
School Information
Fort Valley
Peach County
Courtesy of Keller Williams Rlty Atl. Part
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