Description
Investor opportunity! This fully occupied duplex offers immediate cash flow with strong income potential. Each unit features 2 bedrooms and 1 bathroom and has been renovated within the past year, providing updated interiors that appeal to both current and future tenants. The property currently generates **$1,500 per month in gross rental income** ($750 per unit), meeting the **1% rule** often referenced by real estate investors. Both tenants are on **month-to-month leases** and have expressed a desire to remain, offering flexibility for investors seeking immediate rental income while maintaining future options. Showings will be made available once the property is under contract to minimize disruption to the tenants. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this duplex is an excellent opportunity.
Details
| MLS # | 10808846 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1945 |
| Days On Site | 73 |
| Listing Provided By | DARE Group, LLC | Danielle Andrews |
Features
| Story(s) | 1 |
|---|---|
| Units | 2 |
| Acreage | 0.50 |
Interior
| Cooling | Central Air |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Central |
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
Exterior
| Construction Materials | Concrete |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Parking Pad |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | Electricity Individual Meters, Sewer Connected, Water Individual Meters |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 1028.22 |
|---|---|
| Tax Year | 25 |
Location
| Community Features | None |
|---|
Area Information
| State | GA |
|---|---|
| County | Brooks |
| City | Quitman |
| Zip Code | 31643 |
| Area | Brooks |
| School District | Brooks |
| Elementary School | Quitman |
| High School | Brooks |
| Listing VS Median (in 31643) | |
Price: $80,000 low | high Med: $45,000 On site: 73 low | high Med: 184 | |
Market Activity 31643
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Learn More About This Property
| State | GA |
|---|---|
| County | Brooks |
| City | Quitman |
| Zip Code | 31643 |
| Area | Brooks |
| School District | Brooks |
| Elementary School | Quitman |
| High School | Brooks |
| Listing VS Median (in 31643) | |
Price: $80,000 low | high Med: $45,000 On site: 73 low | high Med: 184 | |