Photo 1 of 26
$191,000
Sold on 5/08/24
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$719 |
1960 |
On the market:
71 days
|
View full details, 15 photos, school info, and price history
Great opportunity for an investor to add this well maintained triplex to their portfolio. Approximately 5 minutes drive to UGA Griffin Campus, Wellstar Medical Center, downtown Griffin, home improvement stores, restaurants, shops and highways. Each unit is 690 square feet with 2 spacious bedrooms and 1 bathroom. Freshly painted exterior. New roof installed in 2017, main sewer line to street replaced in 2021. New front and rear storm doors for all units installed in 2023. All units have separate electric, water and gas meters. Gross rental income at 100% occupancy is currently $28.8k per year with opportunities for growth.
Unit 1 (442 Barlow St) which has recently become vacant, is move-in ready for your next tenant and can be viewed by appointment only. It features freshly painted interior, LVP floors in the main areas, and tiled bathroom. All windows replaced in 2023. All kitchen + laundry appliances, and window a/c unit will convey with the property. Previously rented for $900/m.
Units 2 & 3 (444 & 446 Barlow St) are both tenant occupied, generating monthly rent of $900 and $600 respectively. Unit 3 is occupied by long-term tenant (10yrs +). Both tenants to remain. Both units can only be viewed on weekends after contract acceptance. Please do not disturb tenants.
Home is sold as-is with no disclosures and no repairs. Seller never lived in the home. GA R.E. Lic 374013.
Listing courtesy of Bolade Fadahunsi, Virtual Properties Realty. Biz