Immediate Cash flow offered with this Fantastic Investment Opportunity to own a smaller Apartment Complex in the Heart of Newnan. 7 Units at 100% rental Capacity.6 Units offer 3 full bedrooms, 2 Full baths a Living Room and Kitchen with flowing Open floorplans. 5 of the 7 Units have been completely Updated with New Kitchen Cabinets and Countertops, Tile flooring in kitchens and baths with new Vanities, Carpeting in the Bedrooms, New Roof. Current Monthly Rent Roll is $6025 a month. Just a short distance to the shopping and dining at Ashley Park. Quick I-85 Interstate access . Each unit has their own Exterior Storage shed with a private fenced in patio. Don't Miss one of the last Multi Complexes available in Newnan!
Off market
Zestimate®
$1,048,600
444 Jefferson Street Ext, Newnan, GA 30263
19beds
7,850sqft
MultiFamily
Built in 1978
-- sqft lot
$1,048,600 Zestimate®
$134/sqft
$1,524 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 19
- Bathrooms: 13
- Full bathrooms: 13
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
- Laundry: See Remarks
Features
- Flooring: Tile, Carpet
- Basement: Unfinished
Interior area
- Total interior livable area: 7,850 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 0.96 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- Updated/Remodeled
- Year built: 1978
Utilities & green energy
- Sewer: Sewer Connected, Sewer In Street
- Water: Public Water
Green energy
- Energy efficient items: Insulation-ceiling
Community & neighborhood
Location
- Region: Newnan
Other
Other facts
- Appliances: Dishwasher, Range/Oven, Refrigerator
- Basement: Finished, Full, Walk-Out Access, Bath Finished, Concrete, Walk-Up Access, Slab/None
- HeatingYN: true
- CoolingYN: true
- Heating: Natural Gas, Central
- FoundationDetails: Slab
- LeaseTerm: 12 Months
- ConstructionMaterials: Wood Siding
- NumberOfUnitsTotal: 7
- Cooling: Central Air
- PropertyCondition: Updated/Remodeled
- StructureType: Multi Family, Apartments (5+ Units)
- AssociationAmenities: Walk To Schools, Walk To Shopping
- ParkingFeatures: Parking Pad
- LaundryFeatures: See Remarks
- Sewer: Sewer Connected, Sewer In Street
- FarmLandAreaSource: Public Record
- GreenEnergyEfficient: Insulation-ceiling
- LotDimensionsSource: Public Records
- WaterSource: Public Water
- RentIncludes: Trash Collection
- BeastPropertySubType: Multifamily
- GrossIncome: 72300
- MlsStatus: Under Contract
- NetOperatingIncome: 72300
- TaxAnnualAmount: 4912.16
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,048,600