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202 Mollette Street

Fort Valley GA 31030

16
0.33 ac.
Multi-Family
Currently for sale - view listing

Overview

This newly renovated multi-unit property, twelve 1 BR 1 BA, is in walking distance to Fort Valley State University. Of the 12 doors, 11 units are occupied and have a 5-month term lease based on school semesters or 1 year lease. Currently being rented as student housing with a kitchenette. Two sets of washer and dryer are included in separate common areas for accommodation for tenants. Each unit is individually metered for water, sewer and paid by the tenant. All new plumbing and windows including 13 new electrical breakers boxes throughout the building. Owner is responsible for hallway electricity with a minimal utility bill with low maintenance fees. 8 out of the 12 units are furnished with beds/dressers/43 in screen smart TV. For student relaxation- picnic benches are a delight for a nice sunny breeze. All new LVP flooring throughout the entire building. Freshly painted. The potential cap rate at full occupancy is at 9%. Please do not disturb tenants. Property is sold as-is!

Features

16 carspaces
16 garage spaces
0.33 ac. lot size
Multi-Family

Happy sellers in Fort Valley

~%

We have insufficient information to provide an overview of customer satisfaction for Fort Valley. Viewing the agent profiles, reviews and sales for Fort Valley can provide insights for this location.

Local market activity for multi families in Fort Valley

In the last 12 months, 3 multi families similar to 202 Mollette Street, have been sold.

This represents a 50% increase in multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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