$290,000
$300,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 06/14/2024
Key Details
Sold Price $290,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Marlborough
MLS Listing ID 7372459
Sold Date 06/14/24
Construction Status Updated/Remodeled
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1969
Annual Tax Amount $2,133
Tax Year 2023
Lot Size 0.258 Acres
Acres 0.2583
Property Description
This is the one! Great investment property for rental or for a savvy buyer to occupy one unit and rent the other. This beautifully renovated property contains one large 4 bedroom 2 bath unit plus a second studio unit with its own kitchen, bathroom, and private entry. All new kitchens, appliances, bathrooms, floors, doors, HVAC system, plumbing, and windows throughout!
Both units are currently vacant. Owner projects $2000 + utilities rent for the 4/2 and $800 for the studio. Cap rate is estimated at a substantial 8-9% if rented as regular long term rental, and the sky is the limit when considering short term rental or other options such as pad split. No HOA or rental restrictions.
Get in now on this HOT and rapidly developing neighborhood! As you enter the larger unit you are greeted by an immaculate kitchen with beautiful countertops, elegant fixtures, and brand new stainless steel appliances. Another highlight is the very spacious master bedroom with recessed lights and luxurious closet.
Both units contain all new kitchens, appliances, bathrooms, floors, doors, HVAC system, plumbing, and windows.
Don't miss out on this fantastic opportunity!
Location
State GA
County Clayton
Lake Name None
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Vinyl, Wood
Window Features None
Exterior
Garage Carport, Driveway
Fence Back Yard
Community Features None
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description None
View Other
Roof Type Shingle
Accessibility None
Handicap Access None
Parking Type Carport, Driveway
Total Parking Spaces 4
Private Pool false
Building
Lot Description Sloped
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick Front,Wood Siding
New Construction No
Construction Status Updated/Remodeled
Schools
Elementary Schools Swint
Middle Schools Pointe South
High Schools Mundys Mill
Others
Senior Community no
Tax ID 13237D B009
Special Listing Condition None
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