This house was renovated down to the studs, so Very Low CAPEX for the new investor. House was reconfigured, new electrical through out, new drywall including the ceilings, new flooring with the most durable flooring NEPTUNE Max XL, new custom double hung windows, new hvac including duct work, new insulation, new roof, new gutters, new vapor barrier and insulation in the crawlspace, and new water heater. Primary Bedroom complete with Carrera Porcelain Tile En Suite Bathroom, Glass Shower with Carrera Tile Surround and marble pebble floor. Glass tile secondary bathroom with custom driftwood vanity. High end SOHO tile in your full size COMBO LAUNDRY/MUD ROOM. The house is hard wired throughout with CAT5E data cables, and RG6 Coax. The kitchen has high end fixtures and finishes along with custom cabinets, granite countertops, new refrigerator, and massive pantry with custom electrical for a coffee bar or microwave in the prep area of the pantry. House has gas new gas service run to the house so owner has the option of converting stove, or any other pertinent appliances to gas. New doors, hardware, and paint throughout the entire interior of the home. The house has a large back yard, and all the trees were pruned within the past five years. Gutters have been cleaned twice a year. **** DO NOT WALK ONTO PROPERTY WITHOUT AN APPOINTMENT**** RESPECT THE TENANTS PRIVACY AND DO NOT DISTURB TENANTS****
Discover this 4-bedroom, 2-bathroom split-level home in the desirable Lake Jodeco community! Featuring an open floor plan, this home provides a seamless flow between living spaces, perfect for gatherings or everyday comfort. Step outside to enjoy the nice deck, ideal for relaxing or entertaining, overlooking a large fenced backyard with plenty of space for outdoor activities. The property also includes a convenient two-car carport, offering both shelter and storage options. Location Perks. Just a short walk from your front door, you'll find Lake Jodeco only a couple of streets away, providing serene views and a peaceful retreat for outdoor enthusiasts. Special Offer that the preferred lender is offering closing cost incentives to help make this home even more attainable! Ask the Listing Team to introduce you to the preferred lender to learn more about this exciting opportunity. Whether you're a first-time homebuyer eager to make it your own or an investor seeking a property with great potential, this home is a must-see. Don't miss your chance to enjoy the charm and convenience of this incredible community! Estimated Rental Rate of $2,153.
Large square foot home with lots of rooms and options. Multiple bedrooms and bathrooms on each level. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.
Attention investors! This is your opportunity to own a tenant-occupied 3-bedroom, 2-bathroom home in a quiet, established neighborhood in Jonesboro. With the potential to raise rents to current market value, this property offers immediate cash flow and significant upside for savvy buyers. The tenant has always paid on time. The home is in great shape, featuring newly renovated bathrooms for a modern touch and brand-new siding for enhanced curb appeal and reduced maintenance. The spacious layout and serene surroundings ensure tenant satisfaction, making this a reliable and low-stress investment. Conveniently located just minutes from schools, shopping, and major highways, this property is a perfect blend of tranquility and accessibility. Whether you're expanding your portfolio or seeking a turnkey investment, this property delivers! Don't miss out on this excellent opportunity.
DO NOT DISTURB TENANTS - All Brick Duplex. Both units are 2 bedroom/1 bath and are rented. This is a great opportunity for investors and is in a great location that is close to shopping, dining, parks and schools. Cash or Conventional financing preferred. Agent Owned.
duplex! Each unit features two spacious bedrooms, a cozy bathroom, a welcoming living room, and a delightful eat-in kitchen. Plus, there's a lovely fenced backyard to enjoy. Seize this opportunity-schedule your viewing today!
Fully renovated, this property offers excellent cash flow potential w/turnkey PM in place. If you are looking to build wealth, Current appraisal November 2024 of $830,000 PROPERTY HIGHLIGHTS: Unit Type: 4-unit Large Townhome quadplex, each with 2 beds and 2 baths, totaling 4,520 sq. ft. Co Recent Renovations: $120,000 over the last 14 months, including large back decks and added storage, backing onto a quiet greenbelt. CURRENT RENT ROLL: Co Unit A: 51,395 (lease until 4/30/25) Co Unit B: 51,495 (lease until 4/30/25) Co Unit C: 51,435 (lease until 1/31/26) Co Unit D: Vacant (potential rent assumed at $1,495) FINANCIAL SUMMARY: 1. Gross Rental Income: Co Annual income assuming full occupancy: $69,840 2. Annual Expenses: Co Estimated at 16% of gross income: $11,174.40 3. Net Operating Income (NOl): Co After expenses: $58,665.60 4. Cap Rate: Co Actual cap rate is 7.52%, Projected 8% CAP RATE! Cash Flow: Co Assuming a 6.3% interest rate on a 30-year loan, the annual debt service is approximately $43,424.52. Co After debt service, projected annual cash flow is $15,241.08, Strong positive cash return. Seller open to discussion buying down buyer interest rate, 5-6% mortgage rate possible to increase cashflow!
Here’s your chance to enhance your rental portfolio with a well-maintained 3-bedroom, 2.5-bathroom townhouse located just south of Atlanta. This property is tenant-occupied, offering immediate rental income. The long-term tenant, who has resided in the home for over 8 years, is currently paying $1,470 per month, with a lease in place until March 31, 2025. This townhouse boasts an open-concept layout, with the kitchen, living, and dining areas flowing seamlessly—perfect for both everyday living and entertaining. The all-electric kitchen includes a pantry for convenient storage, while upstairs features generously sized bedrooms and a versatile loft space ideal for a home office or cozy retreat. The backyard is ready for outdoor enjoyment, and a brand-new HVAC system, installed in August 2022 with a warranty, ensures comfort and reliability. Situated in a desirable community near local restaurants, a gym, grocery stores, and just a short drive from Hartsfield-Jackson Atlanta International Airport, this property combines lifestyle appeal with excellent investment potential. Don’t miss this opportunity to own a turn-key investment in a prime location!
Rent ready Duplex on almost half an acre land. Freshly updated for unit B. left side, new kitchen and flooring. Both units have very good size rooms and plenty of natural lights in all of them. Unit B has a huge storage unit or workshop in the backyard. Plenty of parking spaces, large flat backyard for both units, and there are parking spaces in the backyard, fenced-in, for unit A.
Price reduced, charming little house for first-time home buyers or an investor with new floors in the bedroom. Available to see any time, on combo, Long driveway. It is currently being rented for $1050 per month.
Jonesboro is located in Georgia. Jonesboro, Georgia has a population of 4,492. Jonesboro is less family-centric than the surrounding county with 12.55% of the households containing married families with children. The county average for households married with children is 22.86%.
The median household income in Jonesboro, Georgia is $31,033. The median household income for the surrounding county is $51,945 compared to the national median of $69,021. The median age of people living in Jonesboro is 32 years.
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 32.6 degrees. The average rainfall is approximately 49.5 inches per year, with 1.7 inches of snow per year.