41 Victoria ST, Commerce, GA 30565
41 Victoria ST, Commerce, GA 30565
41 Victoria ST, Commerce, GA 30565
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Heidi Harris

Heidi Harris

+1(919) 946-3292
$219,900
Est. payment /mo
4 Beds
2 Baths
1,596 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,596 sqft

Price per Sqft $137

MLS Listing ID CL363739

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1942

Lot Size 7,841 Sqft

Acres 0.18

Property Sub-Type Duplex

Source SAV

Property Description

Great opportunity to own an easy-to-maintain duplex in the Downtown area of Commerce, GA, with strong rental upside and a practical value-add strategy. Each unit offers 2 bedrooms and 1 bathroom, and both units are currently under-rented. Based on the current condition and local rental demand, each unit should be capable of renting for $1,000+ per month as-is, providing an investor with immediate potential to increase cash flow.

The lower unit is already in good condition, making this an excellent opportunity to keep income coming in while focusing improvements on the other half of the property. The tenants are on a month to month lease basis. An investor could potentially retain the existing tenant while updating the second unit, then lease the improved unit at a higher market rent. There are some things like flooring and paint that might increase the rent for the downstairs unit after updating the top floor.

The property has several features that make it a relatively straightforward investment, Public water and SEWER. The roof that is not old and one HVAC system and water heater were replaced in recent years. Both units offer additional value-add potential without requiring an extensive repositioning of the entire property.

Commerce provides a large and diverse tenant pool, with convenient access to employment, schools, shopping, and major transportation routes. The duplex is well located for easy access to downtown Commerce, local schools, Tanger Outlets, I-85, and other area amenities.

Location

State GA

County Jackson Co.

Zoning 01

Direction From I-85, take Exit 147 toward Commerce/Maysville and turn right onto GA-98. Continue approximately 2 miles toward Downtown Commerce, then turn left onto State Street. Turn right onto Cherry Street, then left onto Victoria Street. Continue to 41 Victoria Street; the duplex will be on the left.

Rooms

Basement None

Interior

Heating Electric, Heat Pump

Cooling Central Air, Electric

Flooring Tile, Vinyl, Wood

Appliance Electric Water Heater, Oven, Range, Refrigerator

Laundry In Hall, In Kitchen

Exterior

Parking Features Off Street

Utilities Available Underground Utilities

View Panoramic

Roof Type Composition

Garage No

Building

Water Public

Architectural Style Traditional

Level or Stories 1

Others

Tax ID C04-021A

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Read Less Info
Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors / Mountain Lakes Board of Realtors
Listed by Greater Athens Properties

Nearby Locations

Heidi Harris

Heidi Harris

Broker/Owner

+1(919) 946-3292

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41 Victoria ST

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