4494 Old Summerville Road,Armuchee, GA 30105
Armuchee, GA 30105
Description
Cash Flow Alert! Price reduced = 13.6% cap rate. Who's ready to add a strong performer to their portfolio? This well-maintained, income-producing duplex sits in a prime location and is already doing the work for you. Both units are leased with updated one-year leases in place-steady income from day one. One unit has been recently renovated with new flooring, fresh paint, an updated kitchen, and a mini-split HVAC, boosting both value and tenant appeal. The exterior has also been freshly painted, keeping maintenance low and curb appeal high. And here's where it gets interesting: The property includes a third septic tank, previously used for a mobile home opening the door for a potential third unit and even more upside. Plus, there's a peaceful green space behind the duplex, adding appeal for tenants. Strong cash flow. Immediate income. Built-in future potential. Opportunities like this don't last long. Reach out today for financials or to schedule a showing.
Details
| MLS # | 10821122 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1979 |
| Days On Site | 17 |
| Listing Provided By | KW Signature Partners | Mandy Parker |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,505 |
| Story(s) | 1 |
| Acreage | 0.68 |
| Property View | Yes |
Interior
| Appliances | Dryer, Range, Refrigerator, Washer |
|---|---|
| Interior Features | Double Vanity, Roommate Plan |
| Cooling | Central Air, Zoned |
| Cooling Yes / No | Yes |
| Heating | Central, Electric, Zoned |
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
| Room Kitchen Features | Breakfast Area, Breakfast Bar |
| Laundry Features | In Kitchen |
Exterior
| Lot Features | Level, Other |
|---|---|
| Construction Materials | Block |
| Roof | Metal |
| Foundation Details | Slab |
| Patio And Porch Features | Patio |
| Security Features | Smoke Detector(s) |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Parking Pad, Kitchen Level |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | Cable Available, Electricity Available, Water Available |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Annual Amount | 617 |
|---|---|
| Tax Year | 2024 |
Location
| Community Features | None |
|---|
Area Information
| State | GA |
|---|---|
| County | Floyd |
| City | Armuchee |
| Zip Code | 30105 |
| Area | Floyd |
| School District | Armuchee |
| Elementary School | Armuchee |
| High School | Armuchee |
| Listing VS Median (in 30105) | |
Price: $224,900 low | high Med: $630,000 sqft: 2,505 low | high Med: 2,414 $ / sqft: $90 low | high Med: $261 On site: 17 low | high Med: 81 | |
Market Activity 30105
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Learn More About This Property
| State | GA |
|---|---|
| County | Floyd |
| City | Armuchee |
| Zip Code | 30105 |
| Area | Floyd |
| School District | Armuchee |
| Elementary School | Armuchee |
| High School | Armuchee |
| Listing VS Median (in 30105) | |
Price: $224,900 low | high Med: $630,000 sqft: 2,505 low | high Med: 2,414 $ / sqft: $90 low | high Med: $261 On site: 17 low | high Med: 81 | |
