OWNER FINANCING IS AVAILABLE AS LOW AS 20% DOWN. INCOME OF $4625 FROM 5 ACTIVE UNITS WITH CURRENT LEASES. UNIT A IS A DETACHED 2/1 LEASED AT $600/MONTH THROUGH 3/2025. UNIT B AND D ARE A DUPLEX WITH 2/1 IN EACH UNIT. BOTH OF THE UNITS ARE OCCUPIED, HAVE NEW WATER HEATER, PAINT, BATHROOM, APPLIANCES AND FLOORING IN 2023. CURRENTLY LEASED AT $975/UNIT THROUGH 3/2025. UNIT F IS A DETACHED 2/1 THAT JUST BEEN UPDATED, NEW PAINT AND FLOORING AND APPLIANCES AND IS LEASED AT $975 THROUGH 4/2025. UNIT C IS A DETACHED 3/1 THAT IS LEASED AT $1100/MONTH THROUGH 8/2024. FIFTH BUILDING IS A DUPLEX THAT NEEDS A FULL RENOVATION INCLUDING STRUCTURAL REHAB.EACH OF THESE UNITS SHOULD BE A 2/1 AND MARKET RENTS FOR THAT BUILDING ARE APPROXIMATELY $1000/UNIT. ALL BUILDINGS HAVE NEWER METAL ROOFS. TONS OF UPSIDE ON THIS DEAL. PROPERTY MANAGEMENT AVAILABLE. DO NOT DISTURB TENANTS. NO WALKTHROUGHS UNTIL DUE DILIGENCE. LISTING AGENTS ARE PRINCIPALS IN THE HOLDING CORPORATION OF THE PROPERTY. NO DISCLOSURES AVAILABLE. EACH UNIT IS INDIVIDUALLY METERED FOR WATER AND POWER. ON CITY SEWER.
Closed
$340,000
110 Lata Ter NW, Milledgeville, GA 31061
--beds
--baths
--sqft
Multi Family, Duplex
Built in 1952
-- sqft lot
$343,000 Zestimate®
$--/sqft
$1,273 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 20, 2024 at 09:39am
Listed by:
Sean C Tintle 706-664-2933,
Red Bird GA
Bought with:
Sean C Tintle, 330113
Red Bird GA
Source: GAMLS,MLS#: 10334762
Facts & features
Interior
Heating
- Central, Electric, Heat Pump
Cooling
- Heat Pump
Features
- Basement: Crawl Space
- Has fireplace: No
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 1.43 Acres
Details
- Parcel number: M55 028
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding, Wood Siding
Condition
- Resale
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Individual Meters, Sewer Connected, Water Individual Meters
Community & neighborhood
Community
- Community features: None
Location
- Region: Milledgeville
- Subdivision: None
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing agreement: Exclusive Agency