61 Georgia Ave
Summerville, GA 30747

Description

MAJOR PRICE IMPROVEMENT! 13 apartment units and one house that lie in the heart of beautiful Summerville, Georgia. Units are leased on monthly, bi-weekly and weekly schedules and provide monthly income ranging from $255 to $480 per month. The house sits at the rear of the apartments and is @ 1500 sq feet. There is a garage and several storage buildings on the property. The properties sit across from City Hall and are in walking distance to restaurants, banks, drugstores and other retail stores. Priced at $249,500 ($17824. per unit) this property cash flows monthly. The owner lives in the house and pays no rent. The new buyer can easily lease the house for $550-$600.00 monthly.

Details

MLS#8094237
Sub-TypeResale
StatusActive
Year1963
Days On Site453

Features

Units14

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Area Information

StateGA
CountyChattooga
CitySummerville
Zip Code30747
AreaCHTO
Listing VS Median (in 30747)
Price:
$220,000
low | high
Med:
$95,000
100% of Average
On Site:
453
low | high
Med:
453
100% of Average
Nearby Listings (Within 1/2 mile)
Price: $165K - $275K
SqFt: 0 - 0
Listing Updated: 05/21/2018
MLS Number: 8094237
Listing Provided By:
Craig McDaniel  of  Toles Temple Wright Inc.