12621 Veterans Memorial HWY new Save Request In-Person Tour Request Virtual Tour
Douglasville,GA 30134
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7509541
Year Built 1922
Annual Tax Amount $4,864
Tax Year 2024
Lot Size 0.340 Acres
Property Description
Seize the chance to own a high-performing, income-generating duplex in the heart of Douglasville! This property features two expansive units, each offering 4 large bedrooms and 2 full bathrooms, for a combined total of 8 bedrooms and 4 bathrooms. With generous living spaces, high ceilings, well-appointed kitchens, and dedicated laundry rooms, this duplex delivers both comfort and functionality.
Ideally located within walking distance of Downtown Douglasville, the property provides easy access to shopping, dining, and year-round entertainment at the newly developed atrium. This prime location makes it highly attractive to both tenants and owner-occupants.
Both units are currently occupied by housing choice tenants, producing a guaranteed government-subsidized rental income of $4,200 per month. Investors can enjoy an above-average cash-on-cash return with existing rental rates, while owner-occupants can offset mortgage costs by living in one unit and renting out the other.
Key features include separately metered utilities, ensuring streamlined management and higher net operating income. Whether you're seeking a long-term rental opportunity or envision future use as a short-term rental, this oversized duplex promises strong cash flow potential and exceptional flexibility.
This is a rare find in a growing, vibrant community. Don't wait—contact us today about owning this incredible investment opportunity!
Location
State GA
County Douglas
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Hardwood
Exterior
Parking Features Driveway,Parking Lot,Paved
Fence None
Community Features Near Shopping,Restaurant,Sidewalks,Street Lights,Other
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Underground Utilities,Water Available
Waterfront Description None
View City
Roof Type Other
Building
Lot Description Other
Story Two
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Bright Star
Middle Schools Chestnut Log
High Schools Douglas County
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Special Listing Condition None