205 Glenview Ter - Multi-Family FOR SALE


Winder, GA 30680
$289,900 USD
404-944-1178
205 Glenview Ter, Winder, GA for Sale
$289,900 USD
Multi-Family - FOR SALE
1/23
null | 7.5% Cap Rate

205 Glenview Ter
Winder, GA 30680


HIGHLIGHTS

  • Minutes to downtown Winder
  • Huge backyard
  • Quiet location

OVERVIEW

Investors dream! Instant cash flow property. Awesome duplex with two bedrooms and One bath in each unit. Spacious kitchen and living room areas. Both units are occupied, tenants have been there for 3-5 years. One unit is rented for $1150 due to renew soon and the other is rented for $850 for a long-term tenant who has been there for over 8 years on a month-to-month basis. Rent increase is your huge upside gain on this property with insatiable demand for rental in this area. If you are a first time home buyer, this is your home to live in one unit and keep the other leased. Rent income would cover more than half of your mortgage payment. Or, you can keep it all rented out. Near the heart of downtown Winder, convenient location and a very quiet neighborhood. Seller never occupied the property. Equipped with new hot water heather in one unit, new heating wall unit, and new appliances. No Seller's disclosure. Viewing is after contract is binding. DO NOT DISTURB or TALK to TENANTS. SOLD AS IS. NO YARD SIGN.

FOR SALE DETAILS

PRICE

$289,900 USD

PRICE/SF

$189 USD /SF

# OF UNITS

2

PRICE/UNIT

$144,950

CAP RATE

7.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

001

APN/PARCEL ID

WN21B-049

ASK ABOUT THIS PROPERTY

Azza BarhomaBerkshire Hathaway GA Properties - Suwanee/DuluthMore Info
404-944-1178

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Azza BarhomaBerkshire Hathaway GA Properties - Suwanee/DuluthMore Info
404-944-1178

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.