1208 N Toombs Street, Valdosta, GA 31602

Best investment DEAL in Valdosta! Property brings in $17,950 gross annually with net income of $14,500. Using a conservative 10% CAP the property is worth $145,000 ...10% annual cash on cash return. Walking distance to VSU. 2 bedrooms with an extra 2 Large rooms that have previously been used as bedrooms, along with a big kitchen and great room/dining room and 2 full baths. Perfect student housing! Large lot that has been zoned multifamily. There already is paved parking under a 3-car carport with detached garage. On top of garage is an efficiency apartment that is currently rented for $485/month. Garage can easily be turned into another apartment or add 2 more apartment/garage units onto the back of this building. Income, Income, Income! Hurry, Hurry Hurry!