202 Franklin St Waycross, GA 31501
- Commercial real estate
- 4,192 SF
- 0.71 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 202 Franklin St
- Year built
- 1935
- Construction
- CONCRETE
- Lot size
- 0.71 lot acres
- Property size
- 4,192 SF
- Zone code
- UNZONED URBAN
- Property type
- Commercial real estate
- APN
- WA23-02-021
- APU
- WA2302021
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waycross
- County
- Ware
- State
- Georgia
- Longitude
- -82.3509
- Latitude
- 31.2136
- CBSA code
- 48180
- CBSA name
- WAYCROSS, GA MICROPOLITAN STATISTICAL AREA
