Unit Break Down of Previous Rents: Unit 1:Rented for $160 per week. Unit 2:Rented for $640 per month. Unit 3:Rented for $160 per week. Unit 4:Rented for $140 per week. Unit 5:Rented for $280 bi-weekly. Unit 6:Rented for $140 per week. Unit 7:Rented for $140 per week. |See property income analysis below:">
7 Units in Waycross! Buy Now Before Price Goes Up!
$269,900
FOR SALE
415 Dewey St
Waycross, GA
Previously operating at over an 11% Cap Rate.
Currently the property is vacant.
Seller is in the process of remedying city violations. See attached.
Buyer can purchase the property "as is" now and finish the work if they want.
Once property is remediated and rented the price will go increase to $350,000.
Tenants pay electric.
Priced well below similar buildings.
New roof installed in 2018.
Owner only pays for water at $350 per month.
We have a quote for $30,000 to bring into compliance. Please see attached.
Unit Break Down of Previous Rents: Unit 1:Rented for $160 per week. Unit 2:Rented for $640 per month. Unit 3:Rented for $160 per week. Unit 4:Rented for $140 per week. Unit 5:Rented for $280 bi-weekly. Unit 6:Rented for $140 per week. Unit 7:Rented for $140 per week.
