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$649,000

Beds
4
Baths
4.0
sq ft
3,244

601 Norris St, Saint Marys, GA 31558

601 Norris St

St. Marys, GA 31558

  • 89 days on market
Welcome to 601 Norris Street, where charm meets potential in this brick home nestled on a spacious half acre corner lot in downtown historic St. Marys. Boasting versatility and opportunity, this property offers the perfect canvas for a variety of lifestyles, whether you're seeking a residential haven, income-generating investment, or a combination of both. Step inside the main residence, over 1400 sq ft, offering a large dining room and den, sunroom, laundry room, walk-in closets, front porches, rear patio and ceiling fans throughout. Upstairs you'll find a 1 bedroom, 1 bathroom apartment with exterior entry and large deck. Ideal for guest suite, home office or rental unit. Adjacent to the main dwelling, you'll find a separate in-law suite or guest cottage, presenting the ideal solution for multi-generational living or accommodating visitors with privacy and convenience. This hosts 1 bed, 1 bath, 2 living rooms and multiple outdoor living spaces. This space could also serve as an additional rental unit, maximizing the property's earning potential. Views of the North River and Cumberland Island can be seen from the property and you're only 4 blocks from the public boat ramp. Each unit is fully furnished and equipped for rent (Furniture and furnishings may be sold separately). 2023 rental income/expenses available upon request. Schedule your showing today and envision the endless possibilities awaiting!

Details

Property type

Single Family Residence

Est. home value

$613,152

Lot size

0.48 acres

Price per sq ft

$201

Year built

1960

Annual property taxes

$8,090.58

Price History

08/27/2024
GeorgiaMLS

GeorgiaMLS #10366057

Listed
$649,000
-3.85%
08/20/2024
GeorgiaMLS

GeorgiaMLS #20172152

Removed
$675,000
07/05/2024
GeorgiaMLS

GeorgiaMLS #20172152

Price change
$675,000
-1.46%

Schools & Community

Elementary school: 

Saint Marys

Middle school: 

Saint Marys

High school: 

Camden County

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

Encore Bank

Loan start date

May 2022

Original loan amount

$427,500

Est. remaining balance

Not provided

Interest rate

4.72%

Loan type

Commercial

Seller

St Marys Norris Cottage Llc

Lender

Encure Bank

Loan start date

May 2022

Original loan amount

$427,500

Est. remaining balance

Not provided

Interest rate

4.72%

Loan type

Commercial, 6 year

Seller

St Marys Norris Cottage Llc

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: 11/23/2024 at 8:45 PM

Listing updated: 09/10/2024 at 1:11 AM

Listed by: Carlie D. Prince, St. Marys Realty Inc

MLS: GeorgiaMLS #10366057

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