$191,000
$285,000
33.0%For more information regarding the value of a property, please contact us for a free consultation.
0.29 Acres Lot
SOLD DATE : 05/08/2024
Key Details
Sold Price $191,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 7340375
Sold Date 05/08/24
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1960
Annual Tax Amount $719
Tax Year 2023
Lot Size 0.290 Acres
Acres 0.29
Property Description
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.
Location
State GA
County Spalding
Lake Name None
Interior
Heating Natural Gas, Space Heater
Cooling Ceiling Fan(s), Window Unit(s)
Flooring Ceramic Tile, Laminate, Vinyl
Window Features Double Pane Windows,Insulated Windows,Shutters
Exterior
Garage Driveway, Level Driveway, Paved
Fence Back Yard, Chain Link, Wood
Community Features Near Schools, Near Shopping, Restaurant
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View Other
Roof Type Ridge Vents,Shingle
Accessibility None
Handicap Access None
Parking Type Driveway, Level Driveway, Paved
Total Parking Spaces 6
Private Pool false
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block,Concrete
New Construction No
Construction Status Resale
Schools
Elementary Schools Anne Street
Middle Schools Rehoboth Road
High Schools Griffin
Others
Senior Community no
Tax ID 051 02030
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with EXP Realty, LLC.
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CEO | DRE# SA695240000 | DRE# 02100184