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Listed by Caleb Ross Canopy Realty Group
$ 160,000
Est. payment /mo
Active
38 & 256 Villa St #2 Douglas, GA 31533
5 Beds
3 Baths
2,230 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,230 sqft
Price per Sqft $71
MLS Listing ID 153901
Bedrooms 5
HOA Y/N No
Lot Size 1.220 Acres
Property Sub-Type Multi Unit
Property Description
This income-producing property features a 3BR/1BA single-family home and a 2BR/2BA mobile home located on Villa Street in Douglas, Georgia, offering investors immediate cash flow with additional upside through future rent growth. The 3BR/1BA home is currently rented for $650 per month, while the 2BR/2BA mobile home is leased for $750 per month. Market comparables support rents of approximately $825 per month for each unit, providing a clear opportunity to increase revenue through rent optimization. The single-family home has benefited from a new metal roof, helping minimize future maintenance expenses and reducing near-term capital expenditure needs. Conveniently located in Douglas, the property is well-positioned to benefit from continued demand for affordable workforce housing and easy access to local employers, schools, shopping, and amenities. With both units occupied, stable in-place income, recent capital improvements, and below-market rents, this property presents an attractive value-add opportunity for investors seeking dependable cash flow and long-term appreciation. Tenant occupied. Please do not approach or disturb tenants. Interior showings will be permitted only after a property is under contract during the Due Diligence Period.
Location
State GA
Area 11-Other
Zoning R
Interior
Interior Features Other
Heating Other
Cooling Central Air
Appliance Other
Exterior
Exterior Feature Other
Parking Features 3+ Cars
Garage Spaces 3.0
View Y/N No
Roof Type Metal
Garage No
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Nearby Locations
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