8 Houses and big garage on 7 acres Portefeuille de immeuble residentiel à vendre 877 900 € Griffin, GA

For Sale: Residential Property with 8 Houses and 1 Garage on 7 Acres, Just 5 Minutes from Downtown Griffin.
This property consists of two parcels, offering 8 houses in total, as well as a large garage. One parcel features 4 houses and a garage, while the second parcel offers another 4 houses, one of which could be converted back into a commercial space (currently used as a residence).
Price: $1,100,000!
$100k discount if both parcel are purchased together****
Parcel 1: 712 searcy avenue, Griffin GA 30223 ($600k)MLS #10489906
1. House 714 A: 2 bedrooms, 1 bathroom, newly renovated with granite countertops and a kitchen island, laundry room, and living room. Interior fully renovated, approx. 1,200 sqft.
2. House 714 B: 2 bedrooms, 1 bathroom, new kitchen, laundry room, living room with built-in entertainment center and electric fireplace, and enclosed front patio. Interior fully renovated, approx. 750 sqft.
3. House 716: 1 bedroom with a spacious walk-in closet that could potentially be turned into a second bedroom, new kitchen, laundry room, living room, front and back patios. Interior fully renovated, approx. 750 sqft.
4. House 712: 1 bedroom, kitchen, bathroom with laundry space, and living room. Currently used as a photography studio, office, and vocal recording studio. Needs renovation to convert back into a home, approx. 500 sqft.
5. Garage: approx. 1,200 sqft, divided into two sections—one large enough to fit 4 cars, and another with a separate door for tools/workshop and gardening equipment (approx. 10x15).
Parcel 2: 724 searcy avenue, Griffin GA 30223 ($500k) MLS #10488477
1. House 720 B: Newly renovated with laminate flooring, kitchen with island and granite countertops, 1 bedroom with walk-in closet, laundry room, bathroom with walk-in shower and tub, and a living room, approx. 750 sqft.
2. House 720 A: Newly renovated, 2 bedroom, living room, kitchen with island, bathroom, and laundry room, approx. 750 sqft.
3. House 722: Newly renovated with all-tile flooring, kitchen, 1 bedroom, 1 bathroom, laundry room, living room, and an enclosed front patio, approx. 750 sqft.
4. House/Commercial 724: Approx. 1,200 sqft, newly renovated with a large living room, dining space, kitchen with island, bathroom with laundry space, and a spacious master bedroom with access to a back patio. This unit can also be converted back into a commercial store, currently a residence.
Property Features: All houses feature an overhang and a small front patio. Ample parking space, with enough room for 2-4 cars per house. Houses are within walking distance of each other, all conveniently located next to each other. There is a community garden area with water connections, newly built just 2 years ago. 5 houses come with closet shelving and appliances, including a fridge, microwave, stove, washer, and dryer. Additionally, 5 houses are equipped with 2 wall-mounted Heat/Cold AC units each (10 total). Only the garage and the 500 sqft house attached to the garage require interior renovations; all homes need some exterior work.
Income Potential: Monthly rental income is $8,400, which equates to $100,800 annually. With improvements, rental income could potentially increase.
We would like to sell this property ASAP. This is a great property at an amazing price! Send offers now!
(678)350-8522
Arleen Hannibal
arleensealyhannibal@markspain.com