103 E Main Street, Irwinton, GA 31042

$649,000

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List Price
$649,000
Status
ACTIVE
Days on Market
253
Price Change
▼ $50,000 1766265290
MLS#
10647116
Subtype
Residential Income
Year Built
1965
Lot Size
21,780
Acres
0.50

Property Description

Exceptional investment opportunity consisting of three parcels with multiple income-producing buildings and land, located in the heart of Irwinton, Georgia. Parcel 1 - 102 Asbell Street, Irwinton, GA 31042 Includes 3 buildings with a total of 5 units, all completely renovated and upgraded. Improvements include new flooring, upgraded kitchens, fresh interior paint, granite countertops, new windows, and more. This parcel features four (4) one-bedroom, one-bath apartments and one (1) two-bedroom, one-bath single-family home situated in the center. Note: This unit requires a septic system upgrade estimated at $25,000. Parcel 2 - 103 E Main Street, Irwinton, GA (Dixieland Motel) Includes 6 one-bedroom studio units, 1 beauty shop, and 2 office spaces-providing excellent mixed-use income potential. Parcel 3 - 102 Bank Street, Irwinton, GA Vacant land measuring approximately 102'/105' x 148'/150' (IRR)-ideal for future development or expansion. Summary: This rare offering includes three parcels, three buildings, multiple residential and commercial units, plus additional land. With extensive renovations already completed on the five units at 102 Asbell Street, this property is an excellent opportunity for owner-occupants or investors seeking strong rental income in a growing area. Owner financing is available.

Additional Information

Heating
Central
Air Conditioning
Ceiling Fan(s), Central Air
Stories
1 Story
Levels
One
Parking
Parking Pad
Elementary School
Wilkinson County
High School
Wilkinson County

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Listing courtesy of Virtual Properties Realty.com.

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