1403 O Street
Property Description
Excellent investment opportunity with two separate homes on one tax parcel, each with its own address, separate utility services, and individual entrances. Whether you're looking for immediate rental income or want to live in one home while the other helps pay your mortgage, this property offers outstanding flexibility. The larger home (1046 SF) is a 3-bedroom, 1-bath brick home. The second home at 1403 O Street is a 2-bedroom, 1-bath home (660 SF) that has been extensively rebuilt with new framing, plumbing, electrical, walls, siding, paint, flooring, fixtures, doors, windows, kitchen appliances, and more. It also features a large area beneath the home with approximately 7 feet of clearance, offering excellent storage or future expansion possibilities. Both homes have been thoughtfully renovated and updated, including double-pane windows, updated electrical and plumbing, new flooring, new fixtures, new doors, new ceiling fans, new stoves, refrigerators, and new window A/C units. Foundation repairs and termite treatments have already been completed, giving buyers added peace of mind. With projected rental income of approximately $2,350 per month, this property is positioned to generate income immediately. One home is already leased, and the other is expected to be rented soon. Major improvements have already been completed, making this a low-maintenance investment with excellent cash flow potential from day one. Owner is a licensed real estate agent in the State of Georgia.
Broker Details
P-Nut Properties Inc. 912-297-0900
MLS ID: Jeffdennard State License Number: 277074
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $224,000 |
| Year Built: | 1950 |
| Lot Size: | 660.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 2 |
| Number of Bathrooms: | 2 |
ID: 3yd-GIAORGA-2002720
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