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Listed price in listed location currency (USD).
$285,000

000

MLS® 10778541

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $214
Days Active 0
Lot Size 
Approx. Age 1980
MLS® Number 10778541

Property Address: 1160 Credille Pond Rd, Greensboro, GA, 30642-3604

Average square foot calculated using Size range provided by listing agent.

Description

10 homes rent for $500 each, and 1 rents for $600, for a total monthly income of $ 5, 600!!! 24% yearly return - $67, 200 in rents! You will make your money back in 4 years and profit after!!! 4.7-acre parcel with 11 occupied homes, offering immediate cash flow with all units leased and some recently remodeled, plus 3 wells and 10 septic systems servicing the community. Located roughly 14 minutes from downtown Greensboro for convenient access to amenities and employment centers. Water is included in the tenants rent. The owner pays for electricity to one well pump - $30/month. There are 10 septic tanks in total, with one shared between two units. Each mobile home has its own electric meter. Insurance is approximately $1, 500 per month. Aside from insurance and well pump electricity cost, there are no additional known monthly expenses. There is currently no property plat or survey available. The owner does all maintenance and management of the property. Showings will only be allowed after an accepted offer. Make your offer today!! No pictures available of the inside. These units need work. DO NOT DISTURB THE TENANTS.
MLS® Number10778541
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1980
BasementNone
DrivewayAssigned, Attached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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