Bought with Lonnie Shaw • ERA Kings Bay Realty
$335,000
$398,988
16.0%For more information regarding the value of a property, please contact us for a free consultation.
0.28 Acres Lot
SOLD DATE : 08/14/2024
Key Details
Sold Price $335,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Seaparc
MLS Listing ID 10327229
Sold Date 08/14/24
Construction Status Fixer
HOA Y/N No
Year Built 1986
Annual Tax Amount $2,809
Tax Year 2023
Lot Size 0.280 Acres
Property Description
With an R-3 Zoning, this is an amazing way to LIVE FREE and rent 3 apartments in your NEWLY RENOVATED HOME PROJECT! It's a Handyman's special with two, one six month long tenant expires Nov. 6, 2024. Other two tenants are month to month. The 6 month lease unit has bamboo floors and was recently painted. The vacant unit is in the perfect gutted phase of starting fresh, then finish it just the way you want. two estimates came in at $20,000 - $30,000 not including HVAC. It had a tenant who had a grease fire. Each apartment has very convenient outdoor storage attachments on the left. Parking is a breeze. These are very easy to rent with a vast shortage of rental properties in Kingsland-St. Marys. The Kings Bay Nuclear Sub Base is expanding. Allowances for single service members is now $1300 and for married with children is $1600. Current rents are LOW due to a long occupancy and a desire to help people who can't qualify for higher rents. One unit is a month to month at $500/mo. The $800/month has a 1-year lease ending 10-1-2024. The $700/mo. unit has a 6-month lease ending 11-6-24. This is a great investment and is very close to I-95, Lowes, restaurants, boutiques, Publix, Winn Dixie, and Historic Downtown St. Marys. Thirty-five minutes will get you to Brunswick, Jacksonville International Airport, River City, UF in River City, and Amelia Island. This won't last long!
Location
State GA
County Camden
Rooms
Basement None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Exterior
Garage Parking Pad
Garage Spaces 8.0
Community Features None
Utilities Available Electricity Individual Meters
Building
Story Two
Foundation Slab
Sewer Public Sewer
Level or Stories Two
Construction Status Fixer
Schools
Elementary Schools David L Rainer
Middle Schools Camden
High Schools Camden County
Others
Financing Other
Special Listing Condition As Is
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