Real Estate in Valdosta
Larry Mercer
229-518-1056229-518-1056

1403 &05 Iola Drive, Valdosta, GA 31601 (MLS # 119003)

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PRICE $87,900
BEDS 5
BATHS 2 full
HOME SIZE n/a
LOT SIZE 27,007 sqft

Hot investment property convenient to VSU consisting of 2 houses with carpet, laminate & hardwood flooring. Front unit (1403) has carport with concrete slab. Leases generate $1015 monthly, yielding a cap rate of over 8.3% These units have been consistently under lease. Garage apartment unit has the potential of turning the bottom portion into another efficiency unit.

DAYS ON MARKET 278 LAST UPDATED 2/15/2020
TRACT N/A YEAR BUILT 1970
COMMUNITY 3-S of Park Ave to E Oak St to S Hill Ave STATUS Active
PROPERTY TYPE(S) Property Type / House

PRICE HISTORY
Prior to Feb 15, '20 $89,900
Feb 15, '20 - Today $87,900


ADDITIONAL DETAILS
COOLING Central Electric, Window/Wall Unit, Central Electric, Window/Wall Unit
EXTERIOR FEATURES None, None
FLOORS Hardwood, Carpet, Laminate, Carpet, Hardwood, Laminate
HEATING Central Electric, Central Electric
INTERIOR FEATURES Draperies, Draperies
PROPERTY TYPE R, R
ROOF Shingle, Shingle
SEWER Public Sewer, Public Sewer
WATER Public, Public

ZESTIMATE
1403 &05 Iola Drive, Valdosta, GA

RENT ZESTIMATE
$ / mo.  1403 &05 Iola Drive, Valdosta, GA

0 Car-Dependent



 
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Listed with Century 21 Smith, Branch & Pope, LLC
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of The Valdosta Board of Realtor. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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