Description
Property is currently under contract but with stip in contract we can keep it actively marketed for Backup offers. Great Investment Opportunity! Two duplexes for sale with each duplex listed at $78,900, must be bought as a package. Other duplex is located at 1206 Colquitt Avenue. Total asking Price for both is $157,800. Duplex with 2 bedrooms, 1 bath on each side. Both units are tenant occupied. Side A has a DCA tenant that has been there since 2020 and is currently under an active lease until 12/31/2023 paying $515/month. Side B is a month to month tenant that has been in place since 2019 paying $600 month. Monthly income is currently $1115. Market rate rents should be between $675 and $725 which would increase monthly income. Property can be shown during due diligence period. Do NOT disturb tenants. 2 of the owners are licensed Realtors in the State of Georgia.
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4BEDS
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0.33ACRES
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2BATHS
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01/2 BATHS
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1,747SQFT
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$45$/SQFT
School Ratings & Info
Description
Property is currently under contract but with stip in contract we can keep it actively marketed for Backup offers. Great Investment Opportunity! Two duplexes for sale with each duplex listed at $78,900, must be bought as a package. Other duplex is located at 1206 Colquitt Avenue. Total asking Price for both is $157,800. Duplex with 2 bedrooms, 1 bath on each side. Both units are tenant occupied. Side A has a DCA tenant that has been there since 2020 and is currently under an active lease until 12/31/2023 paying $515/month. Side B is a month to month tenant that has been in place since 2019 paying $600 month. Monthly income is currently $1115. Market rate rents should be between $675 and $725 which would increase monthly income. Property can be shown during due diligence period. Do NOT disturb tenants. 2 of the owners are licensed Realtors in the State of Georgia.
© 2023 Albany Board of Realtors & Southwest GA MLS, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Crowning Point Properties. Data last updated: 2023-09-24T23:37:16.07.