0.44 acres | #7498129
Description
TRIPLEX TRIPLEX!!!!! Only asking 99k!!!Seller FIRM on price!! CERTIFIED APPRAISAL VALUE AT 130k to 140k !!!
Amazing monthly cash machine investment opportunity with 35k built in equity!!
Calling all savvy investors!!! Take advantage of this wonderful single family home set up like a triplex . This income producing rooming house currently gross $1,930.00 per month and the property will have 100 percent occupancy rate and gross $3,205.00 per month before January 1 , 2025. The main unit(A) is a rooming house . It’s producing $780.00 currently and will produce $2,055.00 before January 1, 2025. Room 1 is occupied by an assistance rooming house manager and room 5 is responsible long term student tenant. Room 2 , Room 3, room 4 will be occupied before January 1, 2025 . Unit B is a small studio , it’s occupied by a responsible tenant, rent is $500.00 per month, and unit C is occupied by a responsible hard working lady , rent is $325.00 bi weekly. All current tenants have an excellent rental payment history . Property has been recently updated within the last 2 years . New exterior paint , new roof , a few new windows and doors , new studio apartments , new drywall installation 4 years ago , new bathrooms installed 3 years ago, HVAC system 3 years old. The main kitchen needs some TLC work , the hallway subfloor need minor replacement. House is in fair condition!! Cash buyers preferred!!! Seller is firm on price . Seller has certified desktop appraisal at 130k to $140k.
Great opportunity to refi & cash out with a hard money bridge loan !!
Property Details
- Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
- Parking FeaturesDriveway, Level Driveway
- SubdivisionNew Suburb Beautiful
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Elementary SchoolSouthfield
- CountyBibb - GA
- Fence DescriptionBack Yard
- Parking TypeDriveway
- Original List Price$99,000
- MLS #7498129
- Property SubtypeTriplex
- MLS #7498129
- Utility SourcePublic
- Middle SchoolHoward
- High SchoolHoward
- Property ConditionResale
- ViewOther
- Lot DescriptionOther
- Cost99000
- Acres0.44
- Year Built1948
- Taxes Annual$590
Location
Legal
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Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: George Ansong (#ANSONG)
Listing Office: Maximum One Greater Atlanta Realtors (#MXGR01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
