Don't miss the chance to purchase a portfolio of income-generating properties! 106 NE Railroad Ave features 2 bedrooms and 1 bathroom and enjoys consistent bookings from Airbnb and Vrbo guests year-round and is available for individual purchase. The seller owns two additional adjacent 2 bedroom 1 bathroom houses, each available for $160,000. There is a 4th home available (3 bedrooms and 1.5 bathroom) in the portfolio that is in need of repair, which is priced at $100,000. Three of the four homes currently generate income through Airbnb and Vrbo, with the potential to boost earnings once the fourth house is renovated. The total gross profit from Airbnb, Vrbo, and rental income is $72,200 resulting in a yearly net profit of over $62,000! Will consider a package offer of $500,000 for all four properties. The portfolio maintains high occupancy due to its proximity to a local factory, just 15 minutes away, and popular hunting grounds nearby. Very minimal competition in the area. The seller can provide a profit and loss statement and a reservations list upon request. All homes are sold turn-key. Please inquire or use map search for additional addresses.
Off market
$26,598
106 NE Railroad Ave, Lyons, GA 30436
2beds
910sqft
SingleFamily
Built in 1985
3,484 Square Feet Lot
$-- Zestimate®
$29/sqft
$1,045 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Other
- Basement: None
Interior area
- Total interior livable area: 910 sqft
Property
Parking
- Parking features: Off-street, On-street
Features
- Exterior features: Cement / Concrete
Lot
- Size: 3,484 sqft
Details
- Parcel number: OP1048A
Construction
Type & style
- Home type: SingleFamily
Materials
- Concrete Block
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1985
Community & neighborhood
Location
- Region: Lyons