Kotohomes Logo
Kotohomes partnered with:
Rough Draft Atlanta
For Sale For Rent
Advertise
bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
0
acreage
Acreage
0.44
open houses
Open Houses
-
year built
year built
1948
full baths
Full Baths
0
half baths
Half Baths
0
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 older elderly 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 !!
Location
Subdivision New Suburb Beautiful
County Bibb - GA
Elementary School Southfield
Middle School Howard
High School Howard
open houses Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Kotohomes Concierge 3, George Ansong, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

MLS number: 7498129
Listing agent: George Ansong
Listing broker: Maximum One Real Estate Group, Llc (770) 919-8825
Copyright © 2024 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, December 18 2024 at 3:25 a.m. EST
Kotohomes National