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Listed by George Ansong • Maximum One Grt. Atl. REALTORS
$99,000
Est. payment /mo
0.44 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision New Suburb Beautiful
MLS Listing ID 10427341
Construction Status Resale
HOA Y/N No
Year Built 1948
Annual Tax Amount $896
Tax Year 2024
Lot Size 0.440 Acres
Property 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 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
State GA
County Bibb
Rooms
Basement None
Interior
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air
Exterior
Parking Features Off Street
Community Features Walk To Shopping
Utilities Available Gas Individual Meters, Other
Building
Story One
Foundation Slab
Sewer Public Sewer
Level or Stories One
Construction Status Resale
Schools
Elementary Schools Southfield
Middle Schools Robert E. Howard Middle
High Schools Howard
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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