Nestled in a serene and peaceful neighborhood, this Georgia duplex for sale presents an incredible opportunity for both homeowners and investors alike. Boasting a total of six duplexes, this property offers a combined total of 24 bedrooms and 12 full bathrooms, making it an ideal investment for those seeking a steady income and a high occupancy rate.
These duplexes, which were all improved or rebuilt in 2015, have a current effective age of fewer than 10 years old, ensuring that buyers will be investing in modern and well-maintained residences. Each duplex is divided into two separate units, with a family room, two bedrooms, and one full bathroom in each household. This layout provides ample space for comfortable living arrangements for both homeowners and tenants.
Currently, the minimum leasing rate for each unit is an average of $720 per month, resulting in an annual income of over $100,000 for the entire duplex. With a 100% occupancy rate, investors can expect a steady and reliable income stream from these well-maintained properties.
While the six duplexes are currently combined into one legal deed, offering an opportunity for someone to purchase the entire property as a lucrative investment, the seller is open to working with buyers who may only be interested in one duplex as a primary residence or a smaller number of units. In such cases, the buyer would need to take the lead in the necessary legal separation process, ensuring a smooth transaction for all parties involved.
Aside from the financial benefits, these duplexes are situated in a tranquil neighborhood, enveloped by lush greenery and trees. The private backyards provide a perfect space for entertaining family and friends, offering a peaceful retreat from bustling city life.
Whether you are looking for a primary residence that can accommodate extended family or an investment opportunity with a high return, this Georgia duplex for sale is a rare find. With its modern construction, steady income potential, and peaceful surroundings, this property is poised to provide an exceptional living experience or a profitable venture for the discerning buyer. Don’t miss out on this amazing opportunity to own a piece of Georgia’s real estate market!
259 Addington Drive NW, Rome, GA 30165
