5 months on rocket

34 Factory St SW, Ludowici, GA, 31316

$329,000

Home List Price

$3,907*

Closing Credit

4 Bedrooms
4 Full Baths
2,000 SqFt
$165/SqFt
Multi

Location

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34 Factory St SW, Ludowici$329,000

Buyer Closing Credits

$3,907*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1986
HeatingElectric, Other
CoolingElectric, Window Unit(s)
MLS #315157
Lot Size0.23 Acres
StatusActive

About 34 Factory St SW

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!

Property Details

Property Features

Property Information:

  • Year Built: 1986
  • Living Area: 2,000 SqFt

Listing Office:

  • Office Name: Eighteen O'Two Realty LLC
  • Office Phone: (912) 330-2998
  • Listing Agent: Wynn Martin

Interior Features

Interior Information:

  • Appliances: Electric Water Heater

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Electric, Other
  • Cooling: Electric, Window Unit(s)

Other

Directions Information:

  • 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 with the green "Hill St." Street sign. Property is the second on the left next to the vacant lot

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,000
  • Price Per SqFt: $165/SqFt

Tax Information:

  • Annual Amount: $858
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ludowici, GA.

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Ludowici, GA

City

Med. Sold Price

$282.4K

Med. Price/SqFt

$142

Avg. Days On Market

62

# of Sold Homes

17

34 Factory St SW vs Ludowici

151 DAYS ON ROCKET

+89 Days

$329,000

+$46.5K More

$165/SqFt

+$22 More

KEY TAKEAWAY

This property is $46.5K more than the Median Sold Price and $22/SqFt more than other homes in Ludowici, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SAV
  • MLS Number: #315157

Listing Office:

  • Office Name: Eighteen O'Two Realty LLC
  • Office Phone: (912) 330-2998
  • Listing Agent: Wynn Martin

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Real estate listings held by brokerage firms other than this broker are marked with the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal and some properties which appear for sale on this web site may subsequently have sold and may no longer be available.. Listing(s) information is provided exclusively 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.
Copyright 2024 Savannah Multi-List Corporation. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/19/2024, 4:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 17, 2018Home Sold
$65,000
Jun 10, 2011Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2020$858$27,009
2019$858$27,009
2018$826$12,548
2017$399$12,548

History based on county public records data.

Payment Calculator

$1,710

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,053

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-171260
4
/10

  • McClelland Elementary School

  • 2015 US Highway 84 E

  • 2.46 miles

  • Public District Grades 3-5

school-card-donut-171261
6
/10

  • Taylors Creek Elementary

  • 378 Airport Rd

  • 9.27 miles

  • Public District Grades KG-5

school-card-donut-171262
4
/10

  • Martha Rawls Smith Elementary School

  • 1206 N 4th St

  • 9.33 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,375. Most Ludowici, GA residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Georgia›Long County›Ludowici›31316›34 Factory St SW

This home is located at 34 Factory St SW in Ludowici, GA and zip code 31316. This 2,000 square foot home, which was built in 1986, sits on a 0.23 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 20, 2024 and is currently priced at $329,000.

In November 2024 more than 6 listings in Ludowici, GA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 5 were sold below. The number of listings in Ludowici, GA increased by 1.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $282,499, while the average time on the real estate market was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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