INCOME OF $4625 FROM 5 UNITS. MANAGEMENT AVAILABLE. UNIT A IS A DETACHED 2/1 LEASED AT $600/MONTH THROUGH 3/2025. UNIT B AND D ARE A DUPLEX WITH 2/1 IN EACH UNIT. BOTH OF THE UNITS ARE OCCUPIED, HAS NEW WATER HEATER, PAINT, BATHROOM, APPLIANCES AND FLOORING IN 2023. CURRENTLY LEASED AT $975/UNIT THROUGH 3/2025. UNIT F IS A DETACHED 2/1 THAT JUST FINISHED NEW PAINT AND FLOORING AND APPLIANCES AND IS LEASED AT $975 THROUGH 4/2025. UNIT C IS A DETACHED 3/1 THAT IS LEASED AT $1100/MONTH THROUGH 8/2024. FIFTH BUILDING IS A DUPLEX THAT NEEDS A FULL RENOVATION INCLUDING STRUCTURAL REHAB. EACH OF THESE UNITS SHOULD BE A 2/1 AND MARKET RENTS FOR THAT BUILDING ARE APPROXIMATELY $1000/UNIT. ALL BUILDINGS HAVE NEWER METAL ROOFS. TONS OF UPSIDE ON THIS DEAL. PROPERTY MANAGEMENT AVAILABLE. DO NOT DISTURB TENANTS. NO WALKTHROUGHS UNTIL DUE DILIGENCE. LISTING AGENTS ARE PRINCIPALS IN THE HOLDING CORPORATION OF THE PROPERTY. NO DISCLOSURES AVAILABLE.
5/2/2024 2:39 PM
Listing Information
Property Type: Multi-Family, 1 Story
1.43 Acres
1952
1
Wood
None
Public
Public Sewer
Sewer Connected
School Information
Lakeview
Oak Hill
Baldwin
Room Information
| Bathrooms | |||
Interior Features
Central Air, Electric, Heat Pump
Electric Heating,
Heat Pump, Central
Crawl Space
Exterior / Lot Features
None
Wood
Driving Directions
From 441 Bus, West on Garrett Way, Left on Lata Terrace. Property is on the left side.
Nearby Homes for Sale (within two miles)
Area map
Walk Score
Financial Considerations
M55 028
$1,800
Listing Price History
Courtesy: Red Bird GA
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