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Atlanta Communities Real Estate Brokerage
88 E Forest Drive, Woodstock, GA 30188
- $230,000
- List Price
- $230,000
- MLS#
- 7849303
- Status
- COMING SOON
- Type
- Multifamily
- Subtype
- Duplex
- Lot Size
- 0.1213
- Subdivision
- Fountain N Lake
Property Description
INVESTOR OPPORTUNITY IN WOODSTOCK! Two-unit income property with immediate cash flow and value-add potential. Unit A is a 3 bedroom/2 bath currently rented at $1,500/month. Unit B is a vacant 1 bedroom/1 bath with an estimated rental potential of approximately $900/month, providing an opportunity to increase total gross income to approximately $2,400/month / $28,800 annually. Property consists of two lots and 1983 manufactured housing and is being sold AS-IS with deferred maintenance reflected in the pricing. Excellent opportunity for an investor looking for existing income with additional upside through repairs, improvements and lease-up of the vacant unit. Seller financing available with flexible terms, making this an attractive acquisition for investors seeking creative financing. Convenient Woodstock location near shopping, employment, schools and major roadways. Do not disturb tenant. POF and Appointment required. Buyer to perform all due diligence regarding condition, zoning, use, rental potential and manufactured-home status.
Additional Information
- Stories
- One
- Construction
- HardiPlank Type
- Year Built
- 1983
- Neighborhood Amenities
- None
- Roof
- Composition
- Lot Dimensions
- x
- Parking
- Driveway, Level Driveway
- Lot Desc
- Rectangular Lot
- Water
- Public
- Sewer
- Septic Tank
- Elementary School
- Arnold Mill
- Middle School
- Mill Creek
- High School
- River Ridge
- Acres
- 0.12
- Dock
- None
- Levels
- One
- Gross Income
- 28800
- Net Operating Income
- $17,160
- Taxes
- $215
Listing courtesy of Chapman Hall Realtors Atlanta North.
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