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Carter Phillips

Engel & Völkers Atlanta

carter@evatlanta.com +1(404) 210-9329

$ 395,000

Est. payment -/mo

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2611 GOLFVIEW TER SE Conyers, GA 30013

0.34 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Fieldstone View

MLS Listing ID 7564981

Construction Status Resale

HOA Y/N No

Year Built 1979

Annual Tax Amount $5,532

Tax Year 2024

Lot Size 0.342 Acres

Acres 0.342

Property Sub-Type Duplex

Source First Multiple Listing Service

Property Description

Envision the steady stream of income flowing into your portfolio from this duplex in Conyers, Georgia. This isn't just a property; it's a turnkey investment poised to deliver consistent returns and long-term appreciation in a sought-after location. Both units offer 3-bedroom, 1 full bathroom, 1 half bathroom layout, ensuring broad tenant appeal. Both units have a brick fireplace, granite countertops, tile flooring, and even an in-unit washer/dryer. The fenced yard and screened porch in the back of both units add significant lifestyle value, setting your property apart in the market. Capitalize on the immediate income stream with both units currently leased. The property's strong 2024 revenue of $32,082 speaks volumes about its earning potential.Appraised at $400,000. MARKET RENT POTENTIAL: Average rents for 3-bedroom rentals in this area are currently around $1,775/month. At that rate, total monthly income would increase to $3,550, or $42,600 annually. With the same 15% expense ratio, operating expenses would be approximately $6,390, resulting in a Net Operating Income (NOI) of $36,210. This would raise the cap rate to 9.16%. With a $395,000 purchase price, a 20% down payment ($79,000), and an estimated annual debt service of $23,694, projected cash flow would increase to $12,516/year - delivering an improved cash-on-cash return of 15.8%. The area is also seeing rapid growth, with new jobs coming to major employers like Archer Aviation and Meta—all within a 10-minute drive. Plus, with average rents for 3-bedroom rentals in the area currently around $1,775, there's clear potential for future rent increases.

Location

State GA

County Rockdale

Lake Name None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Tile

Window Features Insulated Windows

Exterior

Parking Features Driveway

Fence Back Yard, Chain Link

Community Features None

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Neighborhood

Roof Type Composition,Shingle

Accessibility None

Handicap Access None

Total Parking Spaces 2

Private Pool false

Building

Lot Description Level, Wooded

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick,Cement Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools Peek'S Chapel

Middle Schools Memorial

High Schools Salem

Others

Senior Community no

Tax ID 077A010004

Special Listing Condition Trust

Listed by Atlanta Communities

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Carter Phillips

Real Estate Advisor | License ID: 289247

+1(404) 210-9329

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Carter Phillips

2611 GOLFVIEW TER SE Conyers, GA 30013

Key Details

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Schools

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