510 S College Street, Statesboro, GA

$700,000

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3.00

Acres

About 510 S College Street

EXCELLENT INVESTMENT OPPORTUNITY. LOCATED A BLOCK OFF THE BLUE MILE AND WITHIN WALKING DISTANCE OF GEORGIA SOUTHERN UNIVERSITY!! Close to restaurants, dog parks, and public transportation. This is a multi-family property on 3 acres consisting of 16 2-bedroom, 2-bath units. (5 buildings) located in the middle of Statesboro. The property in its current condition can be remodeled or cleared off the land and rebuilt to accommodate more density and produce more income. The property is serviced by city utilities and may be eligible for city incentives and special financing. The property is currently in a flood zone. If renovating to more than 50% of the value, it will have to be brought up to code. Possible owner financing with 50% down.

Features of 510 S College Street

MLS® # 10537440
Price $700,000
Bathrooms 0.00
Acres 3.00
Year Built 1960
Type Residential Income
Status Active
Basement No

Community Information

Address 510 S College Street
Subdivision Bonnie Glen (formally)
City Statesboro
County Bulloch
State GA
Zip Code 30458

Amenities

Utilities Electricity Individual Meters, Water Individual Meters
Parking Parking Pad
Is Waterfront No
Has Pool No

Interior

Heating Central
Cooling Central Air, Electric
Has Basement No
Basement None
Fireplace No
Stories Two

Exterior

Construction Block, Concrete

School Information

Elementary Langston Chapel
Middle Langston Chapel
High Statesboro

Additional Information

Days on Market 92
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWeichert Realtors-webb & Associates

Listing Map

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