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110 LATA TERRACE
Milledgeville, GA 31061
Residential Multi Family (Other)
1.43 Acres
4200 Sqft Living Area
11 Bedrooms
5 Bathrooms (5 Full, 0 Half)
Year Built: 1952
$425,000
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Property Description
OWNER FINANCING NOW AVAILABLE. MIN 20% DOWN. INCOME OF $4625 FROM 5 UNITS. MANAGEMENT AVAILABLE. 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, HAS 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 FINISHED 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.
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Contact Details
Name: Sean Tintle
Email: sean@redbirdga.com
MLS Listing Id: 65980
Agent Phone: (404) 433-1514
List Agent License:
Office Name: Red Bird GA
Office Phone: (404) 600-1744
Office MLS Id: 411
Listing Status: Active
Copyright © 2024 Lake Country Board of Realtors, Inc (GA). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
