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Frank Farkas

frank.farkas2@gmail.com +1(678) 442-1509

$239,900

Est. payment - /mo

5 Beds

2.5 Baths

2,505 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,505 sqft

Price per Sqft $95

Subdivision No Subdivision

MLS Listing ID 7707851

Style Ranch,Traditional

Bedrooms 5

Full Baths 2

Half Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1979

Annual Tax Amount $617

Tax Year 2024

Lot Size 0.680 Acres

Acres 0.68

Property Sub-Type Single Family Residence

Source First Multiple Listing Service

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.

Location

State GA

County Floyd

Area None

Lake Name None

Rooms

Bedroom Description Roommate Floor Plan

Other Rooms None

Basement None

Main Level Bedrooms 5

Dining Room None

Kitchen Breakfast Bar, Cabinets Other, Cabinets White, Eat-in Kitchen

Interior

Interior Features Double Vanity, Recessed Lighting

Heating Central, Electric, Zoned

Cooling Central Air, Zoned

Flooring Vinyl

Fireplaces Type None

Equipment None

Window Features Shutters

Appliance Dryer, Electric Oven, Electric Range, Refrigerator, Washer

Laundry In Kitchen, Main Level

Exterior

Exterior Feature Rain Gutters

Parking Features Driveway, Kitchen Level

Fence None

Pool None

Community Features None

Utilities Available Electricity Available

Waterfront Description None

View Y/N Yes

View Rural, Trees/Woods

Roof Type Metal

Street Surface Asphalt,Gravel

Accessibility None

Handicap Access None

Porch Patio

Total Parking Spaces 6

Private Pool false

Building

Lot Description Back Yard, Cleared, Level

Story One

Foundation Slab

Sewer Septic Tank

Water Public

Architectural Style Ranch, Traditional

Level or Stories One

Structure Type Block

Construction Status Resale

Schools

Elementary Schools Armuchee

Middle Schools Armuchee

High Schools Armuchee

Others

Senior Community no

Restrictions false

Tax ID I08 124

Special Circumstances Investor Owned

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Listed by Keller Williams Realty Signature Partners

Nearby School & Business

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Frank Farkas

+1(678) 442-1509

Managing Partner - Realtor | License ID: 174175

Managing Partner - Realtor License ID: 174175

4494 Old Summerville RD Armuchee, GA 30105

Frank Farkas

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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