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Central downtown commercial property in Waynesboro, Georgia. Two-story property fronts nearly an entire block along West Sixth Street, plus approximately 90 feet of frontage along Shadrack Street. Property includes two retail spaces on first floor, a 3,200 residential loft on the second floor and additional warehouse space on the second floor that boasts great potential for residential or office space. Floor to ceiling windows along first floor offer high visibility for retail space & climate controlled storage potential. One downstairs retail unit & upstairs loft have long-term lease income. Building has undergone extensive renovation, including new roof, new HVAC, electrical improvements & cosmetic updates. Upstairs loft was completed in 2018 as Waynesboro's first residential downtown loft & boasts historic & industrial character, sprawling living space, en suite bathrooms for two bedrooms, open kitchen w. ideal entertaining space & laundry room. Turn-key income producing property.
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This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate.
Residential (or Property) Taxes are a little harder to figure out... the average residential tax rate seems to be around $14 per year for every $1,000 of your property's assessed value.
Let's say that your property's assessed value is 85% of what you actually paid for it - $586,415.00.
This would mean that your yearly residential taxes will be around $8,209.81.
This could add $684.15 to your monthly payment.