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206 S Main Street,  Lafayette GA, 30728

(Active)
$465,000
|
|
MLS# 20171904
Last Updated: 5/17/2024 1:03 AM
Description for 206 S Main Street Lafayette, GA 30728
PRIME MULTI-FAMILY INVESTMENT OPPORTUNITY IN AN INCREDIBLE LOCATION! Conveniently located on over an acre lot on Main Street in Downtown LaFayette, GA, with 150+ Feet of road frontage on both Main Street and S. Cherokee Street, this incredible, unique opportunity consists of a 2600+ SQ FT Duplex with 2 Bedrooms + 1 Bath in each unit, a 2 Bedroom, 1 Bath Single Family Home with 1000+ SQ FT, and a small, cottage style home offering 1 Bedroom and 1 Bath. All of the dwellings have been updated and cared for, with the current owner's updates consisting of new roofs, new windows, new flooring throughout, new paint, in addition to other interior and exterior renovations. All units expect for one side of the duplex are occupied, with all but one unit being on a month-to-month lease basis. These rental units far exceed expectations, with pride of ownership being apparent and demonstrated by both the owner and tenants. Due to the month-to-month leases, these units offer the opportunity for immediate financial adjustment in order to align more with the current fair market rental rates. The front portion of the property with Main Street road frontage also offers potential future development. If you are looking for a rare, fruitful investment opportunity to add to your real estate portfolio, don't miss this one. Call today to schedule your private tour of this fantastic piece of real estate!
Price
$465,000
none
Walker
20171904
Active
Description
PRIME MULTI-FAMILY INVESTMENT OPPORTUNITY IN AN INCREDIBLE LOCATION! Conveniently located on over an acre lot on Main Street in Downtown LaFayette, GA, with 150+ Feet of road frontage on both Main Street and S. Cherokee Street, this incredible, unique opportunity consists of a 2600+ SQ FT Duplex with 2 Bedrooms + 1 Bath in each unit, a 2 Bedroom, 1 Bath Single Family Home with 1000+ SQ FT, and a small, cottage style home offering 1 Bedroom and 1 Bath. All of the dwellings have been updated and cared for, with the current owner's updates consisting of new roofs, new windows, new flooring throughout, new paint, in addition to other interior and exterior renovations. All units expect for one side of the duplex are occupied, with all but one unit being on a month-to-month lease basis. These rental units far exceed expectations, with pride of ownership being apparent and demonstrated by both the owner and tenants. Due to the month-to-month leases, these units offer the opportunity for immediate financial adjustment in order to align more with the current fair market rental rates. The front portion of the property with Main Street road frontage also offers potential future development. If you are looking for a rare, fruitful investment opportunity to add to your real estate portfolio, don't miss this one. Call today to schedule your private tour of this fantastic piece of real estate!
Listing Information
Property Type: Duplex, Multi-Family, 1 Story
1.24 Acres 1952 Yes
1 Other
none
Public
Public Sewer
Sewer Connected
Neighborhood
School Information
North Lafayette Lafayette Lafayette
Room Information
Interior Features
Electric
Gas Heat
Crawl Space
2
Exterior / Lot Features
Attached
Other
Updated/Remodeled
Driving Directions
From Highway 27, continue onto Main St. Property on right past Bank of LaFayette
Financial Considerations
1039 082
$3,143
Listing Price History

Lafayette Real Estate

Lafayette is located in Georgia. Lafayette, Georgia 30728 has a population of 19,956.

The median household income in Lafayette, Georgia 30728 is $43,296. The median household income for the surrounding county is $47,490 compared to the national median of $66,222. The median age of people living in Lafayette 30728 is 41 years.

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Courtesy: BHGRE Jackson Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2022 Georgia MLS. All rights reserved.
This content last refreshed on 5/17/2024 1:03 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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