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Emily H. Mattison

emily@theholbrookhometeam.com +1(706) 974-2202

$ 377,500

Est. payment -/mo

Save

New

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 7664894

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

Perfect for investors! This brick duplex features two 3 bed / 1.5 bath units, each with a fireside living room and updated kitchens. Current rents are $1,160 and $1,602 per month, producing a gross annual income of $33,144. With a 6.5% interest rate, 16% expenses, and 20% down, it offers an estimated NOI of $27,845, an approximate cap rate of 7.4%, and annual cash flow around $4,935 after debt service. Pro Rata Potential: If both units were rented at $1,600, the NOI increases to $32,241, improving the cap rate to 8.5% and raising annual cash flow to about $9,350 making it a fantastic opportunity for strong investor returns!

Location

State GA

County Rockdale

Area Fieldstone View

Lake Name None

Interior

Heating Central

Cooling Central Air

Window Features Insulated Windows

Exterior

Parking Features Driveway

Fence Back Yard, Chain Link

Community Features None

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

Waterfront Description None

View Y/N Yes

View Other

Roof Type Composition

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

Construction Status Resale

Schools

Elementary Schools Peek'S Chapel

Middle Schools Memorial

High Schools Salem

Others

Senior Community no

Tax ID 077A010004

Listed by Keller Williams Realty Atl North