This unique investment opportunity of 3 fully occupied duplexes offers immediate cash flow from the moment of acquisition! Properties have been meticulously maintained and are just a 20 minute drive from Covington, Georgia. Properties are located in a thriving, high rental demand area and provide stable income. They also have potential for increased revenue through rent adjustments.
Investors Multi-family Dream with instant income potential!! 8 units total on 5 acres in downtown Newborn. 3 Duplexes (2 bedroom/1 bath), 1 Mobile Home (3 bedroom/2 bath) and 1 Farmhouse (2 bedroom/1 bath) - 17 Bedrooms & 9 Baths total. A perfect opportunity to grow your real estate portfolio! Upgrades to multiple units include new A/C, paint, LVP - call for details. ALL ARE TENANT OCCUPIED - PLEASE DO NOT DISTURB. Specific rent roll and property information is available upon request. All showings will be scheduled after accepted offer during due diligence.
Newborn is located in Georgia. Newborn, Georgia has a population of 795. Newborn is more family-centric than the surrounding county with 35.62% of the households containing married families with children. The county average for households married with children is 31.02%.
The median household income in Newborn, Georgia is $58,512. The median household income for the surrounding county is $64,767 compared to the national median of $69,021. The median age of people living in Newborn is 39.9 years.
The average high temperature in July is 91.2 degrees, with an average low temperature in January of 30.2 degrees. The average rainfall is approximately 47.8 inches per year, with 0.6 inches of snow per year.