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Key Details
Sold Price $297,000
Property Type Multi-Family
Sub Type Multi Family,Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Pride Landing
MLS Listing ID 10531002
Sold Date 06/24/25
HOA Y/N No
Year Built 2023
Annual Tax Amount $2,500
Tax Year 2024
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 21780
Property Sub-Type Multi Family,Duplex
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 purchased separately) with no monthly rent collection and students pay 100% of the utilities. 2023(Dec) built duplex - multiple units available including some triplexes ($445K). All units are 3 bed/2 bath units per side. Duplex - total 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 $3,500 (duplex) $5,250 (triplex). Students pay ALL utilities and pay for the entire semester in one 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 F05C261
Special Listing Condition New Construction
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Wendy McBride
Broker Associate | License ID: GA-298767 AL-98445
Broker Associate License ID: GA-298767 AL-98445