Excellent opportunity for a ready to go property in a central Valdosta location. This house is ready for either an owner occupier looking for a great deal to live in or an investor who can lease it out as soon as soon as it closes! Everything here is well-kept and solid in this 3BR/1BA with recent upgrades to kitchen, flooring, windows, carport, etc. 16'x12' wired workshop in back yard surrounded by privacy fence all the way around. Covered carport, concrete driveway, and covered patio can accommodate 3+ vehicles. Conservative estimate for leasing this house out is $695/month and it won't take long to get it filled. At $695/month and 35% operating expense factor this property is priced at a 9.85% cap rate!!! Very quiet neighborhood here with lots of businesses close by for employment, shopping, entertainment, etc all within walking distance.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
