Bought with Nikki Crosby
$675,000
$650,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
371 Cherokee AVE Waycross, GA 31501
12 Beds
8 Baths
0.94 Acres Lot
Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision No Recorded Subdivision
MLS Listing ID 1660873
Sold Date 07/15/26
Style Ranch
Bedrooms 12
Full Baths 8
HOA Y/N No
Year Built 2026
Lot Size 0.940 Acres
Acres 0.94
Property Sub-Type Multi Family
Source ScoutMLS
Property Description
Don't miss this rare opportunity to own two brand-new duplexes featuring a total of four leased units, each offering 3 bedrooms, 2 bathrooms, and 1200 sf each! All four units are currently leased/occupied. The four units are 371, 373, 387, and 389 Cherokee Ave in Waycross, GA. Thoughtfully designed and built for durability, these properties combine modern finishes with low-maintenance construction, ideal for long-term investment success. Each unit showcases quality craftsmanship throughout, including custom cabinetry, granite countertops, and upgraded fixtures, along with tile flooring in kitchens, baths, and laundry areas and durable LVP flooring throughout the remaining living spaces. Spacious layouts also feature custom-built closets and energy-efficient spray foam insulation in both the walls and attic for added comfort and cost savings. The exterior is designed to stand the test of time with vinyl siding and a metal roof, while each unit includes its own private parking area finished with asphalt millings over geo-textile fabric which is built to last. Professionally completed landscaping enhances curb appeal and minimizes upkeep. Income-producing from day one—all four units are currently leased at $1,950 per unit, per month (utilities included) offering immediate upside potential. Whether you're looking to expand your portfolio or secure a high-performing asset, this property offers strong rental income, modern construction, and long-term value. Opportunities like this don't come around often so schedule your showing today!
Location
State GA
County Ware
Direction GPS Friendly. From US Hwy 1 from Jamestown towards Waycross, turn left onto E Wacona Dr. Turn right onto ABC Dr. Then turn left onto Cherokee Ave. The duplexes are on the left.
Body of Water Public
Interior
Interior Features Primary Suite, Tub/Shower Combo
Heating Central
Cooling Central Air, Electric
Flooring Vinyl, Tile
Appliance Microwave, Range, Dishwasher, Refrigerator
Laundry Washer Hookup, Laundry Room
Exterior
Parking Features Other
Utilities Available Sewer Available, Water Available, Cooling Units Total, Cable Available, Electricity Available, Water Heaters Total
Roof Type Metal
Street Surface Asphalt
Road Frontage County Road
Garage No
Building
Lot Description Cleared
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Ranch
Structure Type Spray Foam Insulation,Vinyl Siding
New Construction Yes
Others
Acceptable Financing Cash, Conventional, Trade
Listing Terms Cash, Conventional, Trade
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