Conyers, GA 30013,2611 Golfview TER SE
Conyers, GA 30013,2611 Golfview TER SE
Conyers, GA 30013,2611 Golfview TER SE
Conyers, GA 30013,2611 Golfview TER SE
Conyers, GA 30013,2611 Golfview TER SE
Conyers, GA 30013,2611 Golfview TER SE
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$ 377,500
Est. payment | /mo

0.34 Acres Lot


Save
$ 377,500
Est. payment | /mo
Save

0.34 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status New

Purchase Type For Sale

Subdivision Fieldstone View

MLS Listing ID 10658779

HOA Y/N No

Year Built 1979

Annual Tax Amount $5,532

Tax Year 2024

Lot Size 0.342 Acres

Acres 0.342

Lot Dimensions 14897.52

Property Sub-Type Multi Family,Duplex

Source Georgia MLS 2

Property Description

Perfect for investors! This brick duplex features two 3 bed / 1.5 bath units, each with a fireside living room and updated kitchens. Current rents are $1,160 and $1,602 per month, producing a gross annual income of $33,144. With a 6.5% interest rate, 16% expenses, and 20% down, it offers an estimated NOI of $27,845, an approximate cap rate of 7.4%, and annual cash flow around $4,935 after debt service. Pro Rata Potential: If both units were rented at $1,600, the NOI increases to $32,241, improving the cap rate to 8.5% and raising annual cash flow to about $9,350 making it a fantastic opportunity for strong investor returns!

Location

State GA

County Rockdale

Rooms

Bedroom Description No

Basement None

Interior

Heating Central

Cooling Central Air

Fireplaces Number 2

Fireplace Yes

Exterior

Parking Features Off Street

Garage Spaces 2.0

Community Features None

Utilities Available Other

View Y/N No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Faces From I-20 E, take exit 82 amd turn right onto GA-162 S. Next, turn right onto Golfview Drive SE and right onto Goldview Terrace SE. Home will be on the right!

Sewer Public Sewer

Water Public

Structure Type Brick,Concrete

New Construction No

Schools

Elementary Schools Peeks Chapel

Middle Schools Memorial

High Schools Salem

Others

HOA Fee Include None

Tax ID 077A010004

Special Listing Condition Resale

Georgia MLS - GAMLS
David Whalley

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2611 Golfview TER SE

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