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263 Addington Drive NW

Rome, GA 30165
  • $1,200,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 7064800
UPDATED: 209 min ago
$1,200,000
  • 0
    BEDS
  • 1.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Awesome Investors opportunity to own six duplexes (24 bedrooms and 12 full bathrooms) for a total of $1,200,000 ($200,000X6) with steady income and 100% occupancy rate. All buildings were improved/rebuilt in 2015 with the current effective age to be less than 10 years old. Each duplex has two units with a family room, two bedrooms and one full bathroom in each household. The current leasing rate for each unit is in average of $720/month or around $100,000+ annually for the entire duplex. In the present time all six duplexes are combined into one legal deed so they have to be sold all together. All duplexes are located in a quiet neighborhood, surrounded by trees with private backyards available for entertaining family and friends.

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First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-07-06T00:05:24.103. For issues regarding this website, please contact BoomTown.
www.northatlantahometeam.com/homes/129778802
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263 Addington Drive NW Rome, GA 30165

  • Price: $1,200,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 209 min ago
  • MLS #: 7064800
0
Beds
0
Baths
0
½ Baths
1.43
Acres
1930
Built
Neighborhood:
None
County:
Floyd
Area:
Floyd
Elementary School:
Floyd - Other
Middle School:
Rome
High School:
Rome
Property Description
Awesome Investors opportunity to own six duplexes (24 bedrooms and 12 full bathrooms) for a total of $1,200,000 ($200,000X6) with steady income and 100% occupancy rate. All buildings were improved/rebuilt in 2015 with the current effective age to be less than 10 years old. Each duplex has two units with a family room, two bedrooms and one full bathroom in each household. The current leasing rate for each unit is in average of $720/month or around $100,000+ annually for the entire duplex. In the present time all six duplexes are combined into one legal deed so they have to be sold all together. All duplexes are located in a quiet neighborhood, surrounded by trees with private backyards available for entertaining family and friends.
Exterior Features

Construction Materials Frame Dock None Fencing None Land Lot 0 Lot Features Level Open Parking YN Yes Parking Features Level Driveway Roof Type Composition Stories One And One Half View Other Waterfront Features None Window Features None

Interior Features

Cooling Central Air Flooring Laminate Heating CentralElectricForced Air

Property Features

Accessibility Features None Community Features None Green Energy Efficient None Green Energy Generation None Lake Name None Lot Size Dimensions X 0 Number Of Units Total 12 Occupant Type Tenant Owner Financing Yes Property Attached YN No Property Condition Updated/Remodeled Proposed Financing CashConventionalOwner SecondOther Security Features None Sewer Public Sewer Special Circumstances None Special Listing Conditions None Tax Year 2020 Taxes 4757 Type Duplex Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source Public

Listing provided courtesy of Realco Brokers, Inc..


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-07-06T00:05:24.103. For issues regarding this website, please contact BoomTown.
 
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