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OTHER · For Sale

524 S Washington AVE, Talbotton Active

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Asking price
$375,000
Price / SF
$106.05
Cap rate
—
Sale type
—
Property type
OTHER
Property subtype
OTHER
Building class
—
Building size
3,536 sq ft
Year built
1948
NOI
—
Tenancy
—
Building height
—
Building FAR
—
Lot size
0.64 acres
Zoning
CITY
Frontage
—
Listing #
EN-4653
MLS #
10813421

Investment opportunity at 524 S Washington Ave in Talbotton, GA! This turn-key, income-producing property consists of two separate lots featuring a large 11-unit building and a residential property with 4 additional units, for a total of 15 rental units. The unit mix includes three 2-bedroom/1-bath units and twelve 1-bedroom/1-bath units Current rents range from approximately $450-$550 per month, with an average of approximately $500 per unit on month-to-month rental arrangements. The property offers LVP flooring throughout the units, window heating and air-conditioning units and a shared coin-operated laundry area. The lot containing the 11-unit building is zoned C-3, while the lot containing the 4-unit residential property is zoned residential. With 15 total units, this property presents an opportunity for investors looking to add a multifamily income-producing asset to their portfolio. Contact us today for additional property, rental, and financial information.

Location

GAMLS
Listed by Coldwell Banker Kennon & Parker
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10813421

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