Awesome Investor’s opportunity to own six duplexes (24 bedrooms and 12 full bathrooms) for a total of $1,200,000 ($200,000X6) with steady income and 100% occupancy rate. All buildings were improved/rebuilt in 2015 with the current effective age to be less than 10 years old. Each duplex has two units with a family room, two bedrooms and one full bathroom in each household. The current leasing rate for each unit is in average of $720/month or around $100,000+ annually for the entire duplex. In the present time all six duplexes are combined into one legal deed so they have to be sold all together. All duplexes are located in a quiet neighborhood, surrounded by trees with private backyards available for entertaining family and friends.
- Price:
- $1,200,000
- Acreage:
- 1.43
- Year Built:
- 1930
- Listing ID #:
- 7064800
- Street Address:
- 263 Addington Dr NW
- City:
- Rome
- State:
- Georgia
- Postal Code:
- 30165
- County:
- Floyd
- Subdivision:
- None
- Listing Status:
- Active
- Listing Type:
- Residential Income
7-8
1000 students
12 student/teacher
9-12
1873 students
16 student/teacher
- Building Condition:
- Updated/Remodeled
- Construction Type:
- Frame
- Flooring:
- Laminate
- Number Of Units:
- 12
- Stories:
- One And One Half
- Type Of Roof:
- Composition
- Year Built:
- 1930
- Approximate Lot Size Range Source:
- Public Records
- Lot Features:
- Level
- Days On Market:
- 289
- On Market Date:
- 2022-06-12
- Originating Mls:
- First Multiple Listing Service
- Terms:
- 1031 Exchange, Cash, Conventional, Owner Second, Other
- Property Taxes:
- $4,757
- Tax Year:
- 2020
- Parking Description:
- Level Driveway
- Cooling System:
- Central Air
- Existing Water:
- Public
- Heating:
- Central, Electric, Forced Air
- Sewage Type:
- Public Sewer
- Utilities:
- Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Igor Arkhipov () with Realco Brokers
-
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