$465,000

206 S Main Street, Lafayette, GA 30728
Duplex, Multi-Family
MLS# 20171904 | Active

PRIME MULTI-FAMILY INVESTMENT OPPORTUNITY IN AN INCREDIBLE LOCATION! Conveniently located on over an acre lot on Main Street in Downtown LaFayette, GA, with 150+ Feet of road frontage on both Main Street and S. Cherokee Street, this incredible, unique opportunity consists of a 2600+ SQ FT Duplex with 2 Bedrooms + 1 Bath in each unit, a 2 Bedroom, 1 Bath Single Family Home with 1000+ SQ FT, and a small, cottage style home offering 1 Bedroom and 1 Bath. All of the dwellings have been updated and cared for, with the current owner's updates consisting of new roofs, new windows, new flooring throughout, new paint, in addition to other interior and exterior renovations. All units expect for one side of the duplex are occupied, with all but one unit being on a month-to-month lease basis. These rental units far exceed expectations, with pride of ownership being apparent and demonstrated by both the owner and tenants. Due to the month-to-month leases, these units offer the opportunity for immediate financial adjustment in order to align more with the current fair market rental rates. The front portion of the property with Main Street road frontage also offers potential future development. If you are looking for a rare, fruitful investment opportunity to add to your real estate portfolio, don't miss this one. Call today to schedule your private tour of this fantastic piece of real estate!

5/8/2024 10:22 AM
Listing Information
Property Type: Duplex, Multi-Family, 1 Story
1.24 Acres
1952
Yes
1
Other
none
Public
Public Sewer
Sewer Connected
School Information
North Lafayette
Lafayette
Lafayette
Room Information
Bathrooms
Interior Features
Electric
Gas Heat
Crawl Space
2
Exterior / Lot Features
Attached
Other
Updated/Remodeled
Driving Directions
From Highway 27, continue onto Main St. Property on right past Bank of LaFayette
Area map
Walk Score
Financial Considerations
1039 082
$3,143
Listing Price History

Courtesy: BHGRE Jackson Realty

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