0.38 Acres Lot
0.38 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Deerwood
MLS Listing ID 7754322
Construction Status Resale
HOA Y/N No
Year Built 1984
Annual Tax Amount $3,123
Tax Year 2025
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Duplex
Source First Multiple Listing Service
Property Description
These are fully furnished units listed on Furnished Finder that rent immediately when they come available. Tenants are transient workers like nurses and project managers, or families needing temporary housing for various reasons. Main house rents for $2,850. It is 1,800 sq ft and currently set up as a three bedroom plus office room (which is actually a fourth bedroom). Garage studio below rents for $1,195 and is 310 sq ft. Both have their own fully stocked kitchens and washer/dryer combo units.
Gross income is $48,500, NOI $39,500, and cap rate 8.5%. These units do not list as short-term rentals, owner rents only for a minimum of 30 days.
Location
State GA
County Forsyth
Area Deerwood
Lake Name Lanier
Interior
Heating Central
Cooling Central Air
Window Features Double Pane Windows
Exterior
Parking Features Driveway, Varies by Unit
Fence Privacy
Community Features None
Utilities Available Cable Available, Electricity Available, Water Available
Waterfront Description None
View Y/N Yes
View Neighborhood
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 4
Private Pool false
Building
Lot Description Corner Lot
Story One
Sewer Septic Tank
Water Public
Level or Stories One
Structure Type Lap Siding
Construction Status Resale
Schools
Elementary Schools Chattahoochee - Forsyth
Middle Schools Little Mill
High Schools East Forsyth
Others
Senior Community no
Tax ID 241 131
Nearby School & Business