$445,000
$445,000
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0.25 Acres Lot
SOLD DATE : 06/26/2025
Key Details
Sold Price $445,000
Property Type Multi-Family
Sub Type Multi Family,Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Pride Landing
MLS Listing ID 10536284
Sold Date 06/26/25
HOA Y/N No
Year Built 2024
Annual Tax Amount $3,000
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 10890
Property Sub-Type Multi Family,Triplex
Source Georgia MLS 2
Property Description
AMAZING INVESTOR OPPORTUNITY! 11% CAP RATE! Seize this prime investment opportunity in a high-demand college town facing a housing shortage! 100% occupied for Fall/Spring. Turnkey - fully leased and fully furnished (furniture package NOT included in the list price, purchased separately via a bill of sale directly to seller). NO MONTHLY RENT COLLECTION and TENANTS PAY 100% OF THE UTILITIES. Multiple units available, including 2 duplexes ($297K each). All units are 3 bed/2ba units per side. Duplex-6 bed/4 ba. Triplex-9 bed/6 ba. All are rented to students at Fort Valley State University by the room. Total monthly income is $5,250. Duplex is $3,500/mo. Students pay all utilities and pay for the entire semester in the lump sum. Entire community is student rentals. Must submit mortgage preapproval prior to viewing. Lender - Anthony Thornton, Guaranteed Home Loans, 678-314-7764
Location
State GA
County Peach
Rooms
Basement None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Fireplace No
Exterior
Parking Features Over 1 Space per Unit
Community Features Sidewalks, Street Lights
Utilities Available Electricity Individual Meters
View Y/N No
Garage No
Private Pool No
Building
Faces GPS
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction Yes
Schools
Elementary Schools Hunt
Middle Schools Fort Valley
High Schools Peach County
Others
HOA Fee Include None
Tax ID F002D017
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Special Listing Condition New Construction
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