Listing Courtesy of: trameshr@gmail.com - Ramesh Ramchandran - Virtual Properties Realty.com 7704955050
$1,700,000 affordable loan icon Calculate Payment

100 S Jefferson Street Albany, GA 31701

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General Commercial Residence
Beds
Baths
15,819 Sq. Ft.
0.37 Acre Lot

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Last updated on 11/14/2024 6:35 AM
21-unit multi-family property located at 100 S Jefferson St, Albany, GA. This asset represents a stabilized investment. It features an assumable loan with a 5% interest rate, a balance of $988,000 amortized over 25 years, now entering year three. The pricing has recently been adjusted to $1.7 millio...n. The property is generating around $14,000 in gross monthly income, with potential to increase rents to market rates. Additionally, there is a significant opportunity to convert it into student housing, given its proximity to Albany State University, just three minutes away (please refer to the sales brochure for the location map). Showings will be done during contract Due Diligence process. We believe this asset presents considerable value and would be happy to provide any further information you may need to facilitate your decision-making process. Should you have any questions or require additional details, please do not hesitate to contact me. Thank you for considering this property. I look forward to your response. Best regards, Ramesh 678-313-3034 Continue reading
MLS#
10412186
Property Type
General Commercial
Year Built
1970
Square Feet
15,819 sq. ft
Lot Size
0.37
Sewer
Public Sewer

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Listing Courtesy of: trameshr@gmail.com - Ramesh Ramchandran - Virtual Properties Realty.com 7704955050
Andrea D. Conner, License 367751, Xome Inc., License 65656, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Georgia MLS. All rights reserved.
This content last refreshed on 11/14/2024 6:35 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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