Income Producing Duplex! Just minutes off of the GA400 Exit at Buford Hwy (GA-20) and sitting directly across Ronald Reagan Blvd from Northside Hospital Forsyth campus this site is easily accessible and surrounded by medical facilities, shops, dining, and other businesses. Zoned R2R (Single Family Residential Restricted District) this is the only residential property on Ronald Reagan and as such sits within a residential character area, however, is directly adjacent to a major commercial character area. This .82ac piece is located within Forsyth County adjacent to city limits of Cumming and at the edge of Cumming's institutional and highway business districts with frontage along S. Forsyth Commercial Corridor, Ronald Reagan Blvd and less than 0.5mi from S. Forsyth Commercial Corridor, Buford Hwy (GA-20). This property produces over $20,000 worth of rental income per year with a total of two tenants. Monthly expenses for property are approximately $1230.00.
Cumming is located in Georgia. Cumming, Georgia has a population of 6,886. Cumming is less family-centric than the surrounding county with 20.48% of the households containing married families with children. The county average for households married with children is 48.03%.
The median household income in Cumming, Georgia is $63,438. The median household income for the surrounding county is $120,999 compared to the national median of $69,021. The median age of people living in Cumming is 40 years.
The average high temperature in July is 87.2 degrees, with an average low temperature in January of 29.3 degrees. The average rainfall is approximately 53.8 inches per year, with 1.6 inches of snow per year.