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Transaction Highlights
- Address: 244 and 252 Weeping Willow Dr Powder Springs, GA 30127
- Please note: Two duplexes each with two units (four total units)
- Inspection: Tuesday, Aug 28th at 11 AM ET
- Repairs: Please see description below
- Asking Price: $189,900 (Total For Both Duplexes)
- Inspection Report: Available upon request after August 28th
- Pictures: Coming Soon
- Video: Coming Soon
Opportunity Description
The contract for two duplexes (four total units) at 244 and 252 Weeping Willow Dr Powder Springs, GA 30127 offers fantastic return opportunities for landlords investors!
244 Weeping Willow Dr has two units – both two (2) bedroom and one (1) bathroom units – with 1,884 total square feet.
252 Weeping Willow Dr has two units – a two (2) bedroom and one (1) bathroom unit and a one (1) bedroom and one (1) bathroom unit – with 2,120 total square feet.
All four units are currently rented for a total rent of $2,200 per month. At this rental rate, landlords would earn cash-on-cash returns in excess of 11%! All four renters have paid rent on time. Leases for two units are expiring soon.
Each duplex is on a separate parcel, each about a 1/2 acre. These properties are located within an average to good Paulding County school district.
Repairs Needed: One of the duplexes needs a new roof. One unit needs new flooring. All systems (electrical, plumbing, HVAC) are good. Additional repairs needed are cosmetic-only. Three of the four units are rent-ready.
Don’t lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property!
RSVP for our one and only inspection on Tuesday, August 28th at 11 AM ET.