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61 Georgia Ave, Summerville, GA 30747

$220,000

  • For Sale
  • Active
  • Multi-Family
61 Georgia Ave, Summerville, GA 30747View this property at 61 Georgia Ave, Summerville, GA 30747
61 Georgia AveSummervilleGA30747

Property Description

MAJOR PRICE IMPROVEMENT! 13 apartment units and one house that lie in the heart of beautiful Summerville, Georgia. Units are leased on monthly, bi-weekly and weekly schedules and provide monthly income ranging from $255 to $480 per month. The house sits at the rear of the apartments and is @ 1500 sq feet. There is a garage and several storage buildings on the property. The properties sit across from City Hall and are in walking distance to restaurants, banks, drugstores and other retail stores. Priced at $249,500 ($17824. per unit) this property cash flows monthly. The owner lives in the house and pays no rent. The new buyer can easily lease the house for $550-$600.00 monthly.

Full Property Detailsfor 61 Georgia Ave

General

  • Price: $220,000
  • Taxes: $427 (2015)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 8094237
  • Updated: 2/23/2018
  • Added: 593 day(s) ago

Location

  • Area: CHTO
  • County: Chattooga
  • Subdivision: Downes Family Apartments
  • Driving Directions: Take Highway 27 to downtown Summerville. Georgia Avenue is the first street to the left if traveling north from Rome. The properties sit at the corner of Hwy 27 and Georgia Avenue.

School Information

  • Elementary School: Leroy Massey
  • Middle School: Summerville
  • High School: Chattooga

Heating & Cooling

  • Cooling Type: Electric, Window Air Conditioning
  • Heating Type: Baseboard
  • Heating Fuel: Electricity

Utilities

  • Water/Sewer: Public Water, Sewer Connected

Structural Information

  • Construction Status: Resale
  • Construction: Brick/Frame
  • Stories/Levels: 1 Story,Multi - Level
  • Stories Description: 1 Story, Multi-Level
  • Year Built: 1963

Lot Features

  • Lot Size Source: Acreage Not Entered

Financial Considerations

  • Tax Amount: $427
  • Tax Year: 2015

Listed by Toles, Temple & Wright, Inc.

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Schools

Schoolsserving 61 Georgia Ave

School District:Chattooga County Schools
School Name
Grades
Distance
Chattooga High School
989 Hwy 114, Summerville, GA 30747
9-12
1.2 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 61 Georgia Ave Get Price Alerts

Date
Details
Price
Change
Source
2/23/2018
Price Reduced
$220,000
-7.37%
MLS
11/29/2017
Price Reduced
$237,500
-4.81%
MLS
7/31/2017
Price Reduced
$249,500
-11.84%
MLS
1/19/2017
Price Reduced
$283,000
-12.92%
MLS
11/04/2016
Listed
$325,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 61 Georgia Ave

Listed by Toles, Temple & Wright, Inc.

61 Georgia Ave, Summerville, GA 30747 (MLS# 8094237) is a Multi-Family property with 14 units containing 0 bedrooms and 0 full bathrooms. 61 Georgia Ave is currently listed for $220,000 and was received on November 04, 2016. Want to learn more about 61 Georgia Ave? Do you have questions about finding other Multi-Family real estate for sale in Summerville? You can browse all Summerville real estate or contact a Coldwell Banker agent to request more information.