73K Yearly Income At 510K Purchase Price

Dated: 08/01/2017

Views: 17

Huge rental portfolio in #Midway in the Lyman Hall neighborhood to include 19 properties w/ current monthly income of $6100 and listed #forsale at $510k. Perfect for an investor looking to make a huge return! Yearly income is $73,200+. Future owner may purchase water hookups on additional 6 lots for a total potential of an additional $14,400 per year lot rental income! 

The portfolio will not be broken up: 9 TRAILERS, 1 teardown home, 3 Rental Lots & 6 mobile home lots that will need water hook ups. This sale includes the following lots with mobile homes: 35 Bertram Ave (2BR/1BA), 78 Button Gwinnett Ave (3BR/2BA), 81 Button Gwinnett (3BR/2BA), 151 Hollingsworth Blvd (4BR/2BA), 204 Hollingsworth Blvd (3BR/1.5BA), 229 Hollingsworth Blvd (3BR/2BA), 208 CC Jones St (3BR/2BA), 81 Marie Ave (3BR/1BA), 123 Saint Catherine St (3BR/2BA) income. LOTS RENTALS (do not include mobile homes- those are owned by the tenants): 50 Button Gwinnett Ave, 95 Button Gwinnett Ave. The following LOTS with $200/mo rental potential do not currently have water hook up are 2 Marie St, 9 Marie St, 10 Marie St, 15 Marie St, 26 Marie St & 27 Marie St. 250 Nell St is a teardown home.

For more information on this #realestate portfolio or to learn how to start the real estate investing process, call Jenny Rutherford at 912-388-2828 or click the photo below:


{mls: 177263}

Blog author image

Jenny Rutherford

Meet Jenny Rutherford Jenny Rutherford Real Estate, LLC. Where did you grow up? I grew up on a farm at the base of the Blue Ridge Mountains in Virginia. I've lived in several states, including Virgi....

Want to Advertise on this Site?

Latest Blog Posts

NEW LISTING ON TYBEE Will Sell Quickly At 349k

JUST HIT THE MARKET! 128 Lewis Ave, Tybee Island, GA 31328Tidal Creek Marsh View 3BR/2BA 1152sqft  1 Story HomeThis Incredible Home is Turn-key, Completely Remodeled and Shows

Read More

HURRICANE SEASON IS OFFICIALLY JUNE 1 To NOVEMBER 30

HURRICANE SEASON: HURRICANE SEASON IS OFFICIALLY JUNE 1 – NOVEMBER 30Here are some helpful tips from the City of Tybee Island's New Resident Guide!! Wanted to share these here for my friends and

Read More

Property Tax Sticker Shock A Closer Look By Jason Combs

Great read and behind the scenes of what is happening at the Board of Assessor's office. Pay attention to your Property Record Cards and assessments!Property tax sticker shock: A closer look By

Read More

OPEN HOUSE 2534 Whitemarsh Way Savannah GA 31410

OPEN HOUSESUNDAY 6/3/18FROM 1:00 TO 4:00 PM2534 Whitemarsh WaySavannah GA 314103Br/2Ba 1426Sqft CondoFor Sale $179,000 Call Buyers Agent Linda&

Read More