Milledgeville, GA 31061,110 Lata TER
Milledgeville, GA 31061,110 Lata TER
Milledgeville, GA 31061,110 Lata TER
35
$340,000
$425,000
20.0%
Est.Price: ?

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1.43 Acres Lot

110 Lata TER Milledgeville, GA 31061

Est. payment /mo
SOLD DATE : 08/15/2024

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Key Details

Sold Price $340,000

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 7417915

Sold Date 08/15/24

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1952

Annual Tax Amount $1,928

Tax Year 2023

Lot Size 1.430 Acres

Acres 1.43

Property Description

OWNER FINANCING IS AVAILABLE AS LOW AS 20% DOWN. INCOME OF $4625 FROM 5 ACTIVE UNITS WITH CURRENT LEASES. UNIT A IS A DETACHED 2/1 LEASED AT $600/MONTH THROUGH 3/2025. UNIT B AND D ARE A DUPLEX WITH 2/1 IN EACH UNIT. BOTH OF THE UNITS ARE OCCUPIED, HAVE NEW WATER HEATER, PAINT, BATHROOM, APPLIANCES AND FLOORING IN 2023. CURRENTLY LEASED AT $975/UNIT THROUGH 3/2025. UNIT F IS A DETACHED 2/1 THAT JUST BEEN UPDATED, NEW PAINT AND FLOORING AND APPLIANCES AND IS LEASED AT $975 THROUGH 4/2025. UNIT C IS A DETACHED 3/1 THAT IS LEASED AT $1100/MONTH THROUGH 8/2024. FIFTH BUILDING IS A DUPLEX THAT NEEDS A FULL RENOVATION INCLUDING STRUCTURAL REHAB.EACH OF THESE UNITS SHOULD BE A 2/1 AND MARKET RENTS FOR THAT BUILDING ARE APPROXIMATELY $1000/UNIT. ALL BUILDINGS HAVE NEWER METAL ROOFS. TONS OF UPSIDE ON THIS DEAL. PROPERTY MANAGEMENT AVAILABLE. DO NOT DISTURB TENANTS. NO WALKTHROUGHS UNTIL DUE DILIGENCE. LISTING AGENTS ARE PRINCIPALS IN THE HOLDING CORPORATION OF THE PROPERTY. NO DISCLOSURES AVAILABLE. EACH UNIT IS INDIVIDUALLY METERED FOR WATER AND POWER. ON CITY SEWER.

Location

State GA

County Baldwin

Lake Name None

Interior

Heating Central, Electric, Heat Pump

Cooling Heat Pump

Window Features None

Exterior

Garage None

Fence None

Community Features None

Utilities Available Cable Available, Electricity Available, Sewer Available

Waterfront Description None

View City

Roof Type Metal

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Level

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Cedar,Vinyl Siding,Wood Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools Lakeview Primary/Lakeview

Middle Schools Oak Hill

High Schools Baldwin

Others

Senior Community no

Tax ID M55028

Special Listing Condition None

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First Multiple Listing Service(FMLS)
Listed by Red Bird GA
Bought with Red Bird GA

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Shannon Banks

Realtor® | License ID: 435619

+1(404) 512-4843

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