$105,000
$109,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
8,276 Sqft Lot
SOLD DATE : 12/20/2024
Key Details
Sold Price $105,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Bedingfield Place
MLS Listing ID 7430930
Sold Date 12/20/24
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1950
Annual Tax Amount $473
Tax Year 2023
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Turnkey, income-producing Section 8 property generating $1,000 monthly ($900 through Section 8 plus a $100 tenant service fee) with a reliable, long-term tenant in place for over two years. This low-maintenance property boasts a 9.4% cap rate and offers consistent monthly income with minimal upkeep. There is a value-added opportunity for greater annual income through a Section 8 rental increase request. The property is in good condition and can be viewed upon acceptance of an offer. Please email the listing agent to request a comprehensive financial analysis.
Location
State GA
County Bibb
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Vinyl
Window Features None
Exterior
Parking Features None
Fence None
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description None
View Trees/Woods
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 2
Private Pool false
Building
Lot Description Level, Wooded
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Bruce
Middle Schools Rutland
High Schools Rutland
Others
Senior Community no
Tax ID P1010176
Special Listing Condition None
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