Courtesy: Prestige Realty Services
Andre Merkerson
404-749-0070
Investor Opportunity - Fully Occupied Duplex in Historic Porterdale Don't miss this excellent income-producing duplex located at 3 North Broad Street, Porterdale, GA. This property features two 1-bedroom, 1-bath units, both occupied by long-term tenants paying $1,500 per month per unit. For added convenience, water and electricity are included in the rent, making this an attractive option for stable, established tenants. Ideally situated in the heart of Porterdale, this property is just minutes from Downtown Porterdale, the Covington Square, and directly across the street from City Hall, providing easy access to shopping, dining, entertainment, and local events. The area continues to benefit from ongoing revitalization and investment, making it an appealing location for both investors and tenants. Whether you're looking to expand your rental portfolio or secure a turnkey investment with immediate cash flow, this duplex is a fantastic opportunity. Seller is owner/agent.
Courtesy: Real Broker, LLC
Lynn Bounnakhom
404-680-0090
Welcome to 11 Spruce Street, a well-maintained duplex located in Porterdale's historic district. This property features two spacious 1-bedroom, 1-bath units, each with a walk-in closet, fairly updated kitchens, and large windows that fill the space with natural light. Laundry areas are conveniently located inside each bathroom. Two covered front porches, separated between units (not fully private). Additional parking for up to one to two vehicles is available from the rear of the property via Ivey Park Street. The property is currently occupied by long-term senior tenants, providing consistent and reliable income. Rent is $850 per unit, increasing to $900 per unit starting April 1st. Tenancies will convert to month-to-month, offering flexibility for an investor or owner-occupant, with 30 days' notice to vacate. Tenants are reasonable, easy to work with, and pay on time through Social Security/retirement income. Tenants pay their own electricity. Water and sewer are paid by the landlord through the City of Porterdale, as the water is not separately metered. Whether you're looking to expand your rental portfolio with steady cash flow or seeking a charming duplex to house hack, 11 Spruce Street presents a strong opportunity in a growing area. Located just minutes from local shops, dining, and entertainment, its location in the heart of Porterdale and convenience to Covington is a rare find. Don't miss your chance to invest in this historic gem! *Disclaimer: Photos are from the seller's original purchase in 2023 and may not reflect current condition. Per previous owner, the house was taken down to the foundation and completely rebuilt in 1981.
Porterdale is located in Georgia. Porterdale, Georgia has a population of 1,894. Porterdale is less family-centric than the surrounding county with 28.48% of the households containing married families with children. The county average for households married with children is 31.02%.
The median household income in Porterdale, Georgia is $26,481. 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 Porterdale is 35.3 years.
The average high temperature in July is 90.9 degrees, with an average low temperature in January of 30.7 degrees. The average rainfall is approximately 48.3 inches per year, with 0.8 inches of snow per year.
