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Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes $5,271
Days Active 0
Lot Size 
Approx. Age 2023
MLS® Number 7625928

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

?? INSANELY EXCELLENT INVESTMENT OPPORTUNITY. 3-bedroom, 2-bathroom property FULLY LEASED and located in a HIGHLY DESIRABLE neighborhood, popular with both LOCAL WAGE EARNERS AND FORT VALLEY UNIVERSITY STUDENTS. Property currently leased to a MIX OF BOTH. Unlike other properties, STUDENTS ABILITY TO PAY HAS BEEN THOROUGHLY SCREENED AND QUALIFIED THRU A CURRENT ATLANTA-BASED MANAGEMENT COMPANY APPLICATION PROCESS. The result? CONSISTENT RENT PAYMENTS, MINIMAL VACANCY, AND HIGH TENANT RETENTION making this a truly LOW STRESS, CASH FLOWING ASSET. Tenants are responsible for 100% of their own utilities, KEEPING YOUR EXPENSES LOW. Unlike comparable rentals that house unvetted tenants, this triplex offers significantly fewer rent collection issues and greater long-term stability. WITH THE CURRENT STUDENT HOUSING SHORTGAGE AND THE DESIRABLITY OF THE PROPERTIES, this area is POISED FOR INCREASING RENTAL DEMAND AND APPRECIATION. PLEASE NOTE: Unit C is currently occupied with two new students. Management company actively looking to fill the third bedroom at a rate of $500/mth. Many students still looking for housing. Should be filled in a matter of weeks. Tenant in Unit A is supplying her own W/D. PROOF OF MORTGAGE PREAPPROVAL REQUIRED PRIOR TO VIEWING.Show Description
MLS® Number7625928
Laundry Level
Central VacNo
FireplaceNo
Acreage0.45
Exterior
GarageNo
Approx. Age2023
Basement
DrivewayDriveway
Garage Spaces
HeatCentral
A/CCeiling Fan(s)
Heating Fuel

Extras

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