233 MLK JR DR, Ashburn, GA 31714
233 MLK JR DR, Ashburn, GA 31714
233 MLK JR DR, Ashburn, GA 31714
233 MLK JR DR, Ashburn, GA 31714
233 MLK JR DR, Ashburn, GA 31714
233 MLK JR DR, Ashburn, GA 31714
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$ 165,000
Est. payment | /mo

0.34 Acres Lot


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$ 165,000
Est. payment | /mo
Save

0.34 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10709359

HOA Y/N No

Year Built 1985

Annual Tax Amount $400

Tax Year 2025

Lot Size 0.340 Acres

Acres 0.34

Lot Dimensions 14810.4

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

5-Property Rental Portfolio - four homes and vacant lot to build on. Current rents total $2,400 per month ($28,800 annually), reflecting gross cap rate of 17%+. Cap rate is based on current rents and does not include expenses. Rent roll available upon request. Excellent opportunity to acquire a cash-flowing investment portfolio consisting of four tenant-occupied homes plus an additional vacant lot with future development potential.

Location

State GA

County Turner

Rooms

Bedroom Description No

Basement None

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Off Street

Community Features None

Utilities Available Electricity Individual Meters

View Y/N No

Garage No

Private Pool No

Building

Faces GPS

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block

New Construction No

Schools

Elementary Schools Other

Middle Schools Other

High Schools Turner

Others

HOA Fee Include None

Tax ID A09 120A

Special Listing Condition Resale

Georgia MLS - GAMLS

Schools and Properties Nearby

Chase Rylee

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233 MLK JR DR