tomo logo

$499,000

Beds
7
Baths
4.0
sq ft
5,000

12480 Highway 27, Summerville, GA 30747

12480 Highway 27

Summerville, GA 30747

  • 170 days on market
" 0% OWNER FINANCING WITH PAYMENT OF 50% DOWN PAYMENT " UNIQUE OPPORTUNITY TO ACQUIRE PRIVATE AND HARD TO FIND DEAL FOR ANY INVESTOR WITH 2400 SQFT SHOP PLUS 4 RENTAL HOMES ON 1.28 ACRES!! ALL HOMES RENTED WITH GREAT TENANTS! SHOP ALSO HAS POTENTIAL TO BE CONVERTED TO A STORE, DUPLEX, ETC. VACANT LOT ALSO INCLUDED WITH LOTS OF POTENTIAL FOR DEVELOPMENT! GREAT LOCATION! SERIOUS INQUIRIES ONLY, OWNER DOES NOT WANT TO DISTURB TENANTS! Unit1 - $900/month with 2 bed and 1 bath Unit2 - $900/month with 2 bed and 1 bath Unit3 - $1000/month with 2 bed and 1 bath with porch Unit4 - $750/month with 1 bed and 1 bath Unit5 - $1500/month for commercial property with 2400 sqft

Details

Property type

Single Family Residence

Est. home value

$303,366

Lot size

1.28 acres

Price per sq ft

$100

Year built

1996

Annual property taxes

$2,000

Price History

04/03/2024
FMLS

FMLS #7362557

Listed
$499,000
-0.2%
04/01/2024
FMLS

FMLS #7068920

Removed
$500,000
06/19/2022
FMLS

FMLS #7068920

Listed
$500,000
+127.27%

Schools & Community

Elementary school: 

Leroy Massey

Middle school: 

Summerville

High school: 

Chattooga

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Cadence Bank

Loan start date

June 2021

Original loan amount

$266,143

Est. remaining balance

Not provided

Interest rate

2.29%

Loan type

Commercial, 15 year

Seller

Aaa Real Estate Investments Ll

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/20/2024 at 1:45 AM

Listing updated: 04/17/2024 at 6:24 AM

Listed by: Syed Firoz, Virtual Properties Realty.com Phone #: (770) 495-5050

MLS: FMLS #7362557

FMLS logo

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