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Key Details
Sold Price $292,000
Property Type Multi-Family
Sub Type Multi Family,Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Pride Landing
MLS Listing ID 10635442
Year Built 2023
Annual Tax Amount $3,809
Tax Year 2024
Lot Size 0.310 Acres
Property Sub-Type Multi Family,Duplex
Property Description
RARE INVESTMENT OPPORTUNITY IN A LOW INVENTORY MARKET! Built in 2023, this modern duplex features two identical 3-bedroom, 2-bathroom units featuring a primary bedroom with a private bath, open floor plans, a neutral color palette, and durable LVP flooring throughout-no carpet and minimal maintenance. ROOMS LEASE FOR $500/MTH WITH SHARED BATH ROOMS AND $550/MTH FOR MASTER. ENTIRE UNITS FOR $1200. Each unit offers spacious living, modern finishes, and ample driveway parking. One bedroom in each unit is currently vacant and expected to be filled with second-semester students within the next month. THE CURRENT STUDENTS ABILITY TO PAY HAS BEEN THOROUGHLY SCREENED AND QUALIFIED THRU THE CURRENT ATLANTA-BASED MANAGEMENT COMPANY APPLICATION PROCESS. The result? CONSISTENT RENT PAYMENTS, MINIMAL VACANCY, AND HIGH TENANT RETENTION making this a truly LOW STRESS, CASH FLOWING ASSET. Tenants are responsible for 100% of their own utilities, KEEPING YOUR EXPENSES LOW. Excellent potential to continue room-by-room leasing or rent entire units to students, teachers, or local professionals if vacancies arise. WITH THE CURRENT STUDENT HOUSING SHORTGAGE AND THE DESIRABLITY OF THE PROPERTIES, this area is POISED FOR INCREASING RENTAL DEMAND AND APPRECIATION. Conveniently located near Fort Valley State University, local schools, shopping, and dining. This turnkey duplex is an excellent addition to any investor's portfolio, offering a new build, high-demand location, and low operating costs with excellent tenant appeal. Rent roll furnished upon request.
Location
State GA
County Peach
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Parking Pad
Garage Spaces 4.0
Community Features Street Lights, Walk To Schools
Utilities Available Underground Utilities
View Y/N No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Other
Middle Schools Other
High Schools Peach
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Special Listing Condition Resale
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Martha Edwards
Broker Associate License ID: 303798
Broker Associate License ID: 303798
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