524 S Washington Avenue, Talbotton, GA 31827

$375,000
3,536
SqFt

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List Price
$375,000
Status
ACTIVE
Days on Market
7
MLS#
10813421
Subtype
Commercial Sale
Year Built
1948
Living Area
3,536
Lot Size
27,878
Acres
0.64

Property Description

Investment opportunity at 524 S Washington Ave in Talbotton, GA! This turn-key, income-producing property consists of two separate lots featuring a large 11-unit building and a residential property with 4 additional units, for a total of 15 rental units. The unit mix includes three 2-bedroom/1-bath units and twelve 1-bedroom/1-bath units Current rents range from approximately $450-$550 per month, with an average of approximately $500 per unit on month-to-month rental arrangements. The property offers LVP flooring throughout the units, window heating and air-conditioning units and a shared coin-operated laundry area. The lot containing the 11-unit building is zoned C-3, while the lot containing the 4-unit residential property is zoned residential. With 15 total units, this property presents an opportunity for investors looking to add a multifamily income-producing asset to their portfolio. Contact us today for additional property, rental, and financial information.

Additional Information

Flooring
Carpet, Vinyl
Heating
Electric
Air Conditioning
Electric, Window Unit(s)
Parking
Other

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Kennon & Parker.

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