Courtesy: NorthGroup Real Estate Inc
Jennifer Butler
678-920-8466
131 Cleveland Street is an eight-unit multifamily investment property located in the City of McDonough, just minutes from the historic downtown square, McDonough Crossing, and the Highway 42 and I-75 corridors that support strong rental demand throughout Henry County. The property has undergone significant recent improvements, with seven of the eight units renovated, and all units outfitted with individual tankless water heaters to reduce long-term maintenance exposure. Tenants pay all utilities including electric, water, sewer, and trash, keeping owner expenses extremely low.
Courtesy: Keller Knapp, Inc
Dany Craig
770-310-0532
Well-maintained 3-bedroom, 2-bath home in McDonough currently occupied by long-term tenants on month2month lease. The property is leased below current market rent, offering immediate income with future upside. Features include a roommate-style split floor plan with the owner's suite separated from secondary bedrooms, an open-concept living area, and a newly installed kitchen island that enhances functionality and flow. Durable layout and efficient use of space make this home easy to operate and appealing for continued tenancy. Conveniently located with access to major roadways, shopping, and everyday amenities. Property is being sold subject to existing lease terms. Property being sold AS IS.
Courtesy: Desari Jabbar Realty Group
Desari Jabbar
404-437-9055
Introducing the 1256 Chambers Rd Estate right in the heart of McDonough. Discover this unique investment opportunity in this spacious FOUR-PLEX (potential for 5) situated on a 4.4 acre gated, private lot of landscaped land with native pine trees. Enjoy the freedom of this fenced 4 plus acreage, offering the potential for a multi-generation family compound. Or future development with additional income generating possibilities. Each unit of this four-plex features modern amenities, newly updated appliances and washers & dryers in each unit. An income-producing property perfect for both investors as well as owner-occupants. Imagine owning a home that can pay for itself with profit to boot. The central unit is a Triplex consisting of three very different floorplans. Unit #1 is a 1/1 single story. Unit #2 is a 2/2 with one bedroom on the main and one in basement below. Unit #4 (part of Triplex) is a 2 story 3/2 with a two car garage, small separate gym, a covered porch with fireplace off the main bedroom suite. The triplex is also partially powered by owned solar panels and has a basement storage area. The fourth unit (Unit #3) is a 2/2.5 SFR with a two car carport and separately metered. The fifth unit is a "carriage house" with an additional separate driveway allowing the astute buyer to explore endless possibilities. Whether you're looking to expand your real estate portfolio, live and rent in the same space, or seeking a multi-family living option, this four-plex presents a truly rare opportunity. Traditional financing or cash offers only. No seller financing
Courtesy: Adams Asset Management Inc.
Kelly Adams
770-914-0369
6-property package now available, fully leased, cash flowing, and ready to go. Month-to-month leases. Rental Portfolio, 6 properties in prime Georgia locations. Fully tenant occupied. Strong rental history. Buy one, several, or the full package. Sold as is. No mobile title. Investor owned. Close with and earnest money held by Dixon Law. Cash or ask about possible terms. Information believed accurate but should be verified.
Courtesy: BHGRE Metro Brokers
Kayse McCanne
770-364-2995
What's special Perfect lot for Podium Construction! (See generic Pictures). Parking deck on the One or Two Lower Levels and wood construction on the 4 or 5 upper floors! Exciting development opportunity for Multi-Family, Apartments, and Townhomes! While the land is presently zoned RA and R-3, with the Amazing New Future Land Use Plan (Henry 2045), enacted in September 2023, this property qualifies for the Urban Residential Zoning Category, allowing for a multi-family density of 4 to 30 dwelling units per acre! Public water and sewer are readily available on site! Situated in a prime Mcdonough Parkway location close to shopping, this property offers a unique opportunity for development. Please note that the lease on the existing cell tower has already been sold. A permanent easement for the tower site remains intact. This property includes three parcels: 091-01013000, 091f01041002, and 091-01014002 Check out the link below for the New Future Land Use Ordinance, where the subject property is highlighted on the Future Land Use as Urban Residential on page 94 of the color-coded map. To view the full Future Land Use Ordinance, Please Visit: https://drive.google.com/file/d/1-fcd0rymsseguvmjsbmfy44nlgkhhxx3/view?usp=sharing * Read Page 99 for Full Details of the New Urban Residential Zoning! * Don't miss this opportunity to explore the full potential of this prime development space! Prioritize a diversity of housing types within developments that can support a range of household Incomes and sizes; up to 30 dwelling Units per Acre should be Allowed If at least 20% of units are affordable at 80% AMI (Area Median Income) Consider the removal of Minimum Floor Area Requirements for Residential Uses to offer more Flexibility in design and market driven dwelling size; Alternatively, Set a low a minimum such as an Average Floor area size of 600 square feet per unit!
McDonough is located in Georgia. McDonough, Georgia has a population of 28,574. McDonough is less family-centric than the surrounding county with 31.87% of the households containing married families with children. The county average for households married with children is 32.97%.
The median household income in McDonough, Georgia is $73,215. The median household income for the surrounding county is $73,491 compared to the national median of $69,021. The median age of people living in McDonough is 31.1 years.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 31.5 degrees. The average rainfall is approximately 49 inches per year, with 1 inches of snow per year.
