34 Factory Street SW Ludowici, GA ^$ 329,000

34 Factory Street SW

^$ 329,000

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34 Factory Street SW

Ludowici, GA, 31316

^$ 329,000

Bedrooms4 Baths4.0 Sq 2,000

Monthly Estimate*

^$ 1,970

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Multi-Family Home for sale in Ludowici, GA

for $329,000 with 4 bedrooms and 4 full baths. This 2,000 square foot home was built in 1986 on a lot size of 0.2303.

Excellent quadplex investment opportunity in the heart of Ludowici is BACK ON MARKET, AT NO FAULT TO SELLER. Seller offering contributions of up to $6k towards closing costs. This insulated block property features four income-producing 1 bed/1 bath units, each with off-street parking and professional property management already in place. Remodeled in 2022, recent updates include new floors, cabinets, water heaters, appliances, windows, plumbing, sewer mains, and numerous kitchen and bathroom upgrades throughout. With minimal landlord expenses, including utilities and taxes, and a monthly income projection of over $3,600 this property is both easy to maintain and highly profitable. Units are occupied, but with adequate notice they may be made available. See for yourself how owner-occupied or passive income opportunities can create generational wealth for you!

Multi-Family Contingent

Price

^$ 329,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 847

Style

Quadruplex

Lot Size

0.2303

Year Built

1986

Town/City

Ludowici

County/Region

Long

MLS | Web ID

315157

Features

General

Sewer PublicSewer

Heating Electric WindowUnit

Cooling Electric WindowUnits

Appliances ElectricWaterHeater

Zoning 001

Construction Materials Block

Year Built 1986

Property SubType Quadruplex

Tax Year 2023

Percent Ownership Investor

County Long

New Construction N

Property Type ResidentialIncome

Home Owner Assoc N

Attached Garage N

Contingency Due Diligence Financing

Garage Y/N N

Full Baths 4

Special Listing Conditions Standard

Status ActiveUnderContract

Directions Turn South onto Mcdonald St or Main St from Cypress St. Turn right onto W Academy St. and follow it to the intersection of Factory St. and take a left. Take your first right onto the unpaved drive wi

City Ludowici

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 4

Lot Size Units Acres

Lot Size Square Feet 10032.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Terms Cash Conventional Item1031Exchange VALoan

Land Lease Y/N N

Tax Annual Amount 847.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status ActiveUnderContract

Occupancy Type Tenant

Property Sub Type Additional Quadruplex

Expected Active Date 2024-07-20

Legal Description SE/S FACTORY HILL ST 24 GMD

Exterior

Water Source Public

Lot Size Area 0.2303

Spa N

Lot Size Acres 0.2303

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Half Baths 0

Total Bedrooms 4

Electric On Property Y/N N

Total Baths 4

Internal Only

Street Number 1 34

* Excluded Features

List By

Eighteen O'two Realty Llc

Broker

wynn@trophypointrealty.com

Affordability Calculator

$2,041

Per Month

Monthly Principal & Interest: $1,970
Monthly Property Taxes: $71
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Ludowici, GA

Average List Price ^$329,000

Percent of Sale Price 0%

About Ludowici, GA

2,230 Population

69% Since 2002

^$45,362 Median Income

32.89 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

298105 Elementary School

298323 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/20/2024	$329,000		Listed Price

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34 Factory Street SW, Ludowici, GA, 31316 is a Multi-Family Home for sale at $329,000 with 2,000 sqft and a lot size of 0.2303. 34 Factory Street SW has 4 bedrooms, 4.0 baths, and was built in 1986. The property's zip code is 31316 which is in Ludowici, GA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Savannah Board of REALTORS and Savannah Multi-List Corporation.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Savannah Board of REALTORS and Savannah Multi-List Corporation, and includes listings held by other brokerage firms. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

All information deemed reliable, but not guaranteed, and should be independently verified. All properties subject to prior sale, change, or withdrawl. Brokers shall not be responsible for typographical errors, misinformation, misprints, and shall be held totally harmless.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 9/22/2024.

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34 Factory Street SW

Multi-Family Home for sale in Ludowici, GA

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