$85,000
$100,000
15.0%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,208 SqFt
SOLD DATE : 08/26/2024
Key Details
Sold Price $85,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,208 sqft
Price per Sqft $70
MLS Listing ID 7434563
Sold Date 08/26/24
Style Traditional
Bedrooms 3
Full Baths 2
Construction Status Fixer
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1940
Annual Tax Amount $808
Tax Year 2023
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Investor Special: Fixer-Upper with Tenant in Place at 805 Ray St, Griffin, GA Discover a promising investment opportunity with this fixer-upper property at 805 Ray St, Griffin, GA. This home offers immediate rental income with a reliable tenant already in place, while presenting an exciting opportunity for value-add improvements.
Property Highlights: • Tenant in Place: Enjoy steady rental income from a current tenant, ensuring immediate cash flow and reducing vacancy risk. •
Fixer-Upper Potential: The property is ripe for renovation and upgrades, allowing you to enhance its value and increase future rental income or resale value. •
Prime Location: Situated in a sought-after Griffin neighborhood with convenient access to amenities, schools, and public transportation. • 3 Minutes from UGA Griffin Campus.
Investment Potential: With some updates and repairs, this property offers significant upside potential and is a great addition to any real estate investment portfolio. Take advantage of this unique opportunity to invest in a property with existing rental income and potential for substantial improvement at 805 Ray St.
Location
State GA
County Spalding
Lake Name None
Rooms
Bedroom Description None
Other Rooms None
Basement Crawl Space
Main Level Bedrooms 3
Dining Room None
Interior
Interior Features High Ceilings 9 ft Main
Heating Central
Cooling Central Air
Flooring Carpet
Fireplaces Type None
Window Features None
Appliance Dryer
Laundry Common Area
Exterior
Exterior Feature None
Garage Driveway
Fence None
Pool None
Community Features None
Utilities Available Cable Available, Electricity Available
Waterfront Description None
View Other
Roof Type Composition
Street Surface None
Accessibility None
Handicap Access None
Porch Front Porch, Rear Porch
Private Pool false
Building
Lot Description Back Yard
Story One
Foundation None
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
Structure Type Wood Siding
New Construction No
Construction Status Fixer
Schools
Elementary Schools Atkinson - Spalding
Middle Schools Cowan Road
High Schools Griffin
Others
Senior Community no
Restrictions false
Tax ID 009 14004
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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