117 West Jones Avenue, Statesboro, GA, US, 30458
117 West Jones Avenue, Statesboro, GA, US, 30458- 2 beds
- 2 baths
- 1232 sq ft
Basics
- Category: Residential
- Type: Residential
- Status: Active
- Bedrooms: 2
- Bathrooms: 2
- Area, sq ft: 1232 sq ft
- Lot size, sq ft: 1232 sq ft
- Year built: 1945
- Bathrooms Half: 0
- Rooms Total: 5
- MLS ID: 161179
Description
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Description:
An exceptional opportunity awaits investors in the heart of Statesboro, just minutes from a thriving downtown and the bustling Georgia Southern University campus. This unique offering combines immediate rental income with significant renovation upside, perfect for expanding your portfolio or entering the lucrative student housing and local rental market. This comprehensive investment package includes three distinct properties across two parcels: Parcel 1: Stabilized Income with Growth Potential 115A/B Inman Lane (Duplex): This attractive two-story duplex, thoughtfully renovated in 2022, offers two 572 sq ft apartments. Both units are currently tenant-occupied, providing immediate and reliable cash flow from day one. Enjoy the benefits of a modern, refreshed property in a high-demand area. 117 W Jones Ave (Single-Family Home): Also located on the same parcel, this 1,232 sq ft one-story house is currently tenant-occupied, contributing to the strong income stream of this parcel. Its proximity to downtown and GSU ensures consistent tenant interest. Parcel 2: Renovation Ready for Maximized Returns 206 W Jones Ave (Single-Family Home): Situated just one minute down the road on its own separate parcel, this 1,211 sq ft one-story house presents an incredible value-add opportunity. Ready for your vision, this property is primed for renovations to significantly increase its rental value and overall equity. Unlock its full potential and capitalize on Statesboro’s robust rental market. This strategic collection of properties offers a diversified investment with a mix of established income and clear pathways to increased profitability. Don’t miss this chance to acquire a powerful real estate asset package in a prime Statesboro location!
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Location
Building Details
- Lot Features: See Remarks
- Room Dining Room Features: Formal Dining Room
- Parking Features: Unpaved
- Exterior Features: Needs Work
- Fencing: None
- Construction Materials: Wood Siding, Walls (Other See Remarks)
- Roof: Metal
Amenities & Features
- Fireplace YN: Yes
- Fireplace Features: Other
- Appliances: See Remarks
- Utilities: See Remarks
- Interior Features: See Remarks
Listing Provided Courtesy of
- Agency: Northgroup Real Estate