109 Davis St, Saint Marys, GA 31558
$114,990 - Single Family
Additional Details
- Important Details: --> VACANT! --> Tax assessed at $156k for 2023 --> Probate (should be completed by end of November and seller is covering costs)
- Features: New deal in St. Mary's! This 5/2 home (3/2.5 layout on tax roll) features 2,548 sqft of living space, 2 carports, and 2 utility sheds. Sits on a 0.46 acre lot and has a ton of upside. You can rearrange the layout to open up the floor plan and reconfigure the bed/bath count or optionally split the home into 2 separate rental units. Don't miss out on this one!
- Potential ARV: $250,000 - $280,000
- Rehab Description: To get this property market ready as a flip or rental, it will need a full renovation. Do a trash out and gut down to the studs. Install new kitchen, bathrooms, flooring, plumbing, electrical, and drywall. Replace all doors, windows, trim/fixtures, and appliances. On the exterior, replace roof and eaves. Repair both carports and front porch. Replace ac window units or install central HVAC. Do some landscaping to round out the renovation and boost appeal!
- Estimated Rehab: $75,000 - $100,000
- Comparable Rent: $2,200
- Ideal Investment Strategy: Rental/Resale
- Construction: CBS
- Comp 1: 408 Kelly Ct, Saint Marys, GA 31558 3/2 1,305 sqft SOLD $250K in July (1998 build, clean finishes, half the size, 1 car garage)
- Comp 2: 338 Charles St, Saint Marys, GA 31558 2/2 1,442 sqft SOLD $269k in September (1970 build. renovated, 40% smaller)
- Comp 3: 267 N 4th St, Saint Marys, GA 31558 3/2 1,836 sqft SOLD $280k in September (1990 build, dated rental condition, utility sheds)