Residential Income Property for Sale Ellijay Georgia at $1,400,000
Listing ID7100499
Sold For$1,080,000
StatusClosed
Sold Date11/17/2022
Acres
1.110
CountyGilmer - GA
SubdivisionCripple Creek Estates
Year Built1995
Property TypeResidential Income
Property Sub TypeDuplex
Great investment property, listed at a price that could produce positive cash flow. Four (4) duplex ranch home units (buildings), a total of 8 apartments. Each unit is 2 bedroom, 2 bath and sits on approximately 1 acre of land. All in good condition, in a great area and with good schools. All units are currently leased and all but 3 have had the same tenants for at least a year. Seller has maintenance records and a list of his maintenance contractors who are on call and keep the properties maintained.
PLEASE DO NOT DISTURB TENANTS. FOR QUALIFIED INVESTORS WE WILL MAKE APPOINTMENTS TO VIEW.
4-Building Addresses: 149/151,185/187 (West Teague) 45/47,50/52 (Bobs Court)
County
Gilmer - GA
Property Sub Type
Duplex
Property Type
Residential Income
Subdivision
Cripple Creek Estates
Year Built
1995
Appliances
Basement
Below Grade Unfinished Area
Common Walls
Cooling
Central Air, Heat Pump
Fireplace Features
Fireplaces Total
Flooring
Furnished
Unfurnished
Heating
Electric, Heat Pump
Interior Features
Laundry Features
Levels
One
Other Equipment
Room Basement Level
Basement
Architectural Style
Carport Spaces
Construction Materials
Vinyl Siding
Dock
None
Electric
Exterior Features
Fencing
None
Garage Spaces
Horse Amenities
Land Lot
0
Lot Features
Level
Lot Size Dimensions
0
Lot Size Source
Owner
Number Of Units Total
20
Other Structures
Parking Features
None
Parking Total
2
Patio And Porch Features
Pool Features
Pool Private
Property Attached
no
Road Frontage Type
Road Surface Type
Roof
Composition
Sewer
Septic Tank
Utilities
Cable Available, Electricity Available, Phone Available, Water Available
Water Body Name
None
Water Source
Private
Waterfrontage Length
0
Window Features
Insulated Windows
Association
Community Features
None
Directions
515 North to Ellijay to right on Highland Plwy. (Eller Road), right on Yukon rd, right on John Call rd, left on Dogwood rd. 6 units on the left
District
0
Elementary School
Gilmer - Other
Elementary School Bus Route
no
High School
Gilmer
High School Bus Route
no
Middle School
Gilmer - Other
Middle School Bus Route
no
Remine Access Code
View
Other
Waterfront Features
None
Accessibility Features
None
Assumable
no
Buyer Office Name
Berkshire Hathaway HomeServices Georgia Properties
Buyer Office Phone
770-720-1400
Green Building Verification Type
Green Energy Efficient
None
Green Energy Generation
None
HERS Index Rating
Mls Property Type
Residential Income
Mls Status
Closed
Owner Second
no
Pets Allowed
Property Condition
Resale
Public Remarks Extra
Remine Modified DT
Section GMD
0
Spa Features
Special Circumstances
None
Unit Count
4
Association Fee
Association Fee 2
Cap Rate
0
Current Price
1080000
Down Payment Resource URL
Down Payment Resource URL 2
Gross Income
180000
Listing Terms
Cash, Conventional
Net Operating Income
180000
Operating Expense
0
Owner Financing
no
Special Listing Conditions
None
Tax Annual Amount
9540
Tax Block
0
Tax Lot
0
Tax Year
2021
Listing Provided Courtesy of Berkshire Hathaway Homeservices Georgia Properties. Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. The offer of compensation is made only to participants of the MLS where the listing is filed. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2024 First Multiple Listing Service, Inc. Data last updated Thursday, March 28th, 2024.
Similar Listings
Contact - Listing ID 7100499
Anthony Acosta
Data services provided by IDX Broker