Conyers, GA 30013,2611 GOLFVIEW TER SE
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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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2611 GOLFVIEW TER SE Conyers, GA 30013

0.34 Acres Lot


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Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status New

Purchase Type For Sale

Subdivision Fieldstone View

MLS Listing ID 10539665

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

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

Rooms

Basement None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Fireplace No

Exterior

Parking Features Attached

Garage Spaces 2.0

Community Features None

Utilities Available Other

View Y/N No

Total Parking Spaces 2

Garage Yes

Private Pool No

Building

Faces Copy and Paste URL for GOOGLE MAPS https://maps.app.goo.gl/9sSbaQjVu5J6HMqHA

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

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agent

Carter Phillips

Real Estate Advisor | License ID: 289247

+1(404) 210-9329

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2611 GOLFVIEW TER SE