TWO HOUSES! GSCU/GMC Student Housing – 5,200 sq ft combined on 3/4 acre Sold

  • $72,500 ea
  • 2432 & 2742 sqft

540 & 550 S Wayne St Milledgeville, GA 31061

ARV 620k

Price: 145K

2 Historic homes to rehab or city approved for new construction. We are asking $145,000 for both properties. This is a great opportunity for a fix and flip or a fix and hold.

Student Housing 12 rooms  x $400/mo ea

540 S Wayne: 2,432 sq ft

550 S Wane: 2,742 sq ft

In a Federal Opportunity Zone

.5 mile from Georgia Military College

1 mile from Georgia College and University

Student housing across the street stays occupied 12 months

 

Suggested COMPS:

110 N Columbia St Milledgeville, GA 31061

Sold: $283,000 – 5/2 – 2,995 sqft (01/22/19)

111 N Columbia St Milledgeville, GA 31061

Sold: $318,800 – 6/2 – 3,100 sqft (05/15/19)

351 S Wayne St Milledgeville, GA 31061

Sold: $299,000 – 7 /4 – 2,702 sqft (08/15/19)

340 S. Clarke St. Milledgeville, GA 31061

Sold: $349,000 – 7/3 – 2,635 sqft (12/05/18)

 

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Patriot Home Buyers is a discount real estate Wholesaler.  If you have any questions, please contact us.

To make an offer or schedule a time to inspect the property, please Text or Email

Dennis Lyons: 914-314-2276 or dennis.lyons@patriotsells.com

Bring All Offers!!!!

>>>Click Here to View Our Full Inventory!!<<<

 

Cash, Hard Money or Private Lending

$5,000 Non-Refundable EMD

Closing Attorney is Ashway and Haldi LLP in Cumming.

Buyer Pays Closing Costs.

Please do your own due diligence.

Realtors and Wholesalers add your compensation to price.

 

 

Price:
$72,500 ea
Address:
540 & 550 S Wayne St
MIlledgeville, GA 31061
Square Feet:
2432 & 2742
Terms:
For Sale
Property Type:
Apartment

Additional Features

Large rooms, high ceilings, historic large trim profiles, large windows· Detached garage on one property Large lots for plenty of parking

Call 914-314-2276 for more details

Property Location