Viewing Listing MLS# 7372459
Jonesboro, GA 30238
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/A SqFt
- 1969Year Built
- 0.26Acres
- MLS# 7372459
- Multifamily
- Duplex
- Pending
- Approx Time on Market1 month,
- AreaN/A
- CountyClayton - GA
- SubdivisionMarlborough
Overview
This is the one! Great investment property for rental or for a savvy buyer to occupy one unit and rent the other. This beautifully renovated property contains one large 4 bedroom 2 bath unit plus a second studio unit with its own kitchen, bathroom, and private entry. All new kitchens, appliances, bathrooms, floors, doors, HVAC system, plumbing, and windows throughout! Both units are currently vacant. Owner projects $2000 + utilities rent for the 4/2 and $800 for the studio. Cap rate is estimated at a substantial 8-9% if rented as regular long term rental, and the sky is the limit when considering short term rental or other options such as pad split. No HOA or rental restrictions.Get in now on this HOT and rapidly developing neighborhood! As you enter the larger unit you are greeted by an immaculate kitchen with beautiful countertops, elegant fixtures, and brand new stainless steel appliances. Another highlight is the very spacious master bedroom with recessed lights and luxurious closet.Both units contain all new kitchens, appliances, bathrooms, floors, doors, HVAC system, plumbing, and windows. Don't miss out on this fantastic opportunity!
Association Fees / Info
Hoa: No
Community Features: None
Bathroom Info
Building Info
Habitable Residence: Yes
Number of Units Total: 2
Exterior Features
Fence: Back Yard
Pool Private: No
County: Clayton - GA
Acres: 0.26
Financial
Original Price: $300,000
Owner Financing: Yes
Cap Rate: 8
Garage / Parking
Parking Features: Carport, Driveway
Green / Env Info
Green Energy Generation: None
Handicap
Accessibility Features: None
Interior Features
Security Ftr: None
Levels: One
Lot Info
Lot Size Source: Public Records
Lot Features: Sloped
Lot Size: 150 x 75
Misc
Property Attached: No
Home Warranty: Yes
Open House
Other
Property Info
Construction Materials: Brick Front, Wood Siding
Year Built: 1,969
Property Condition: Updated/Remodeled
Roof: Shingle
Property Type: Residential Income
Rental Info
Land Lease: Yes
Special Features
Green Features: None
Special Listing Conditions: None
Special Circumstances: None
Tax Info
Tax Amount Annual: 2133
Tax Year: 2,023
Tax Parcel Letter: 13-0237D-00B-009
Unit Info
Utilities / Hvac
Cool System: Central Air
Heating: Central
Utilities: Electricity Available, Sewer Available, Water Available
Sewer: Public Sewer
Waterfront / Water
Water Body Name: None
Water Source: Public
Waterfront Features: None
Directions
GPSListing Provided courtesy of True Realty, Llc.