Investment opportunity at 524 S Washington Ave in Talbotton, GA! This turn-key, income-producing property consists of two separate lots featuring a large 11-unit building and a residential property with 4 additional units, for a total of 15 rental units. The unit mix includes three 2-bedroom/1-bath units and twelve 1-bedroom/1-bath units Current rents range from approximately $450-$550 per month, with an average of approximately $500 per unit on month-to-month rental arrangements. The property offers LVP flooring throughout the units, window heating and air-conditioning units and a shared coin-operated laundry area. The lot containing the 11-unit building is zoned C-3, while the lot containing the 4-unit residential property is zoned residential. With 15 total units, this property presents an opportunity for investors looking to add a multifamily income-producing asset to their portfolio. Contact us today for additional property, rental, and financial information.
| MLS # | 10813421 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 75 |
| Listing Provided By | Coldwell Banker Kennon & Parker | Lamar Fields |
| SQ Feet | 3,536 |
|---|---|
| Building(s) | 2 |
| Zoning | CITY |
| Acreage | 0.64 |
| Cooling | Electric, Window Unit(s) |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Electric |
| Heating Yes / No | Yes |
| Lot Features | Level |
|---|---|
| Construction Materials | Brick |
| Roof | Metal, Other |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Other |
| Utilities | Electricity Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| Tax Annual Amount | 3359.63 |
|---|---|
| Tax Year | 25 |
| State | GA |
|---|---|
| County | Talbot |
| City | Talbotton |
| Zip Code | 31827 |
| Area | Talbot |
| Listing VS Median (in 31827) | |
Price: $375,000 low | high Med: $299,900 sqft: 3,536 low | high Med: 1,664 $ / sqft: $106 low | high Med: $180 On site: 75 low | high Med: 13 | |
| State | GA |
|---|---|
| County | Talbot |
| City | Talbotton |
| Zip Code | 31827 |
| Area | Talbot |
| Listing VS Median (in 31827) | |
Price: $375,000 low | high Med: $299,900 sqft: 3,536 low | high Med: 1,664 $ / sqft: $106 low | high Med: $180 On site: 75 low | high Med: 13 | |