4494 Old Summerville Road, Armuchee, GA 30105

$224,900
5
BD
3
BA
2,505
SqFt

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List Price
$224,900
Price Change
▼ $10,000 1782352404
MLS#
10676954
Type
Single Family Residential
City
Armuchee
County
Floyd
Bedrooms
5
Bathrooms
3
Living Area
2,505
Year Built
1979

Property Description

Cash Flow Alert! Price reduced = 13.6% cap rate. Who's ready to add a strong performer to their portfolio? This well-maintained, income-producing duplex sits in a prime location and is already doing the work for you. Both units are leased with updated one-year leases in place-steady income from day one. One unit has been recently renovated with new flooring, fresh paint, an updated kitchen, and a mini-split HVAC, boosting both value and tenant appeal. The exterior has also been freshly painted, keeping maintenance low and curb appeal high. And here's where it gets interesting: The property includes a third septic tank, previously used for a mobile home opening the door for a potential third unit and even more upside. Plus, there's a peaceful green space behind the duplex, adding appeal for tenants. Strong cash flow. Immediate income. Built-in future potential. Opportunities like this don't last long. Reach out today for financials or to schedule a showing.

Additional Information

Elementary School
Armuchee
High School
Armuchee
Interior Features
Double Vanity, Roommate Plan
Style
Ranch, Traditional
Parking
Parking Pad, Kitchen Level
Basement Type
None
Stories
1 Story
Fees Include
None
Tax Year
2024

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Calculator source: Real Geeks

Listing courtesy of KW Signature Partners.

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