$800,000
Pending

510 S College Street

Statesboro, GA 30458
Type:Purchase
Structure:House
Zone:Residential

Description

EXCELLENT INVESTMENT OPPORTUNITY. LOCATED A BLOCK OFF THE BLUE MILE AND WITHIN WALKING DISTANCE OF GEORGIA SOUTHERN UNIVERSITY!! Close to restaurants, dog parks, and public transportation. This is a multi-family property on 3 acres consisting of 16 2-bedroom, 2-bath units. (5 buildings) located in the middle of Statesboro. The property in its current condition can be remodeled or clear off the land and rebuild to accommodate more density and produce more income. The property is serviced by city utilities and may be eligible for city incentives and special financing. Property is currently in a flood zone. If renovating property will have to be brought up to code. Possible owner financing with 50% down.

  • Property Details
      • Utility FeaturesElectricity Individual Meters, Water Individual Meters
      • SubdivisionBonnie Glen (formally)
      • Elementary SchoolLangston Chapel
      • Middle SchoolLangston Chapel
      • Date ClosedAugust 11, 2025
      • Sewer InformationPublic Sewer
      • High SchoolStatesboro
      • Property TypePurchase
      • MLS #10537440
      • MLS #10537440
      • CountyBulloch
      • Utility SourcePublic
      • Taxes Annual$4,677
      • Cost800000
      • Property SubtypeOther
      • Structure TypeOther
      • Year Built1960
      • Acres3

Location

Jakira JonesReal Estate Group
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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