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    202 Franklin St Waycross, GA 31501

    Sponsored
    For Sale
    $215,000

    High-Yield Quadplex, .71 Acres, Waycross, GA

    Property size:
    4,272 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional investment opportunity presents a four-unit multifamily property situated on a sizable 0.71-acre lot in Waycross, Georgia. The property boasts a total of 4,272 square feet of rentable space, currently occupied by long-term tenants generating substantial rental income. The building comprises three spacious two-bedroom, two-bathroom units and one one-bedroom, one-bathroom unit. Each unit is designed for comfortable living, contributing to the property's consistent occupancy rate. This turnkey investment is offered at a final, non-negotiable price of $215,000. The property is being sold "AS IS," reflecting its current condition and providing an opportunity for immediate income generation. The property's location in Waycross offers convenient access to local amenities and transportation routes. This is an ideal investment for those seeking a stable, cash-flowing asset with significant potential for long-term growth. The property is suitable for conventional financing or cash purchase. Serious inquiries only. The final price reduction reflects the seller's commitment to a swift and efficient transaction.

    Property Features for 202 Franklin St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,272 SF
    Lot Size
    30,928 SF

    Building Details

    Year Built
    1935
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waycross
    County
    Ware
    State
    Georgia
    Longitude
    -82.35117
    Latitude
    31.21369

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    FAQs

    What type of property is this?
    Commercial real estate - High-Yield Quadplex, .71 Acres, Waycross, GA
    Where is this commercial real estate located?
    The property is located at 202 Franklin St Waycross, GA.
    What is the asking price?
    The asking price for this property is $215,000.
    (888) 959-9461
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    202 Franklin St Waycross, GA 31501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    202 Franklin St Waycross, GA 31501
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