Bought with Tiffany Pierschbacher • Keller Williams Rlty Atl. Part
$299,632
$299,900
0.1%For more information regarding the value of a property, please contact us for a free consultation.
0.6 Acres Lot
SOLD DATE : 11/28/2023
Key Details
Sold Price $299,632
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 20132306
Sold Date 11/28/23
Construction Status Resale
HOA Y/N No
Year Built 2008
Annual Tax Amount $2,484
Tax Year 2022
Lot Size 0.600 Acres
Property Description
Welcome to Royston, Georgia! This fantastic investment opportunity offers a pair of modern and spacious 2-bedroom, 2-bath duplex units, perfect for generating consistent rental income. With a remarkable cap rate of over 7 percent, this property promises excellent returns for astute investors. Key Features: Prime Location: Situated in the charming town of Royston, Georgia, this duplex enjoys a strategic location, providing easy access to local amenities, schools, parks, and Emmanuel College. The area's strong rental demand ensures a steady stream of potential tenants. Well-Maintained Duplex: The property has been well maintained, ensuring a hassle-free ownership experience. Each unit features a thoughtfully designed layout, offering comfortable living spaces that tenants will appreciate. Spacious Interiors: Both units boast generous living areas, including two bedrooms and two bathrooms in each. With ample square footage, residents will have plenty of room to relax and enjoy their privacy. Modern Amenities: The duplex units are equipped with modern amenities and fixtures, providing convenience and comfort to tenants. Income Potential: With a cap rate of over 7 percent, this investment property presents a compelling opportunity for generating consistent cash flow. The demand for quality rental properties in Royston, combined with the property's attractive features, ensures the potential for strong rental income. Low Maintenance: The property's low-maintenance design, coupled with its excellent condition, minimizes upkeep costs for owners. This allows for a hassle-free investment experience, making it an ideal option for both seasoned and first-time investors. Parking and Outdoor Space: Each unit includes designated parking spaces for tenants' convenience. Additionally, there is outdoor space available for tenants to enjoy, providing opportunities for outdoor activities or relaxation. Don't miss out on this exceptional investment property in Royston, Georgia. With its desirable location, spacious units, and impressive cap rate, this duplex offers a unique chance to grow your investment portfolio while reaping the rewards of rental income. Act now and secure your future in the thriving real estate market of Royston!
Location
State GA
County Franklin
Rooms
Basement None
Interior
Heating Electric, Central, Heat Pump
Cooling Ceiling Fan(s), Central Air, Heat Pump
Exterior
Garage Parking Pad
Community Features None
Utilities Available Electricity Individual Meters, Sewer Connected, Underground Utilities, Water Individual Meters
Building
Story Two
Foundation Slab
Sewer Public Sewer
Level or Stories Two
Construction Status Resale
Schools
Elementary Schools Royston
Middle Schools Franklin County
High Schools Franklin County
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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