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233 MLK JR DR Ashburn, GA 31714
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Key Details
Sold Price $140,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10709359
Sold Date 06/01/26
HOA Y/N No
Year Built 1985
Annual Tax Amount $400
Tax Year 2025
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 14810.4
Property Sub-Type Multi Family
Source Georgia MLS 2
Property Description
5-Property Rental Portfolio - four homes and vacant lot to build on. Current rents total $2,400 per month ($28,800 annually), reflecting gross cap rate of 17%+. Cap rate is based on current rents and does not include expenses. Rent roll available upon request. Excellent opportunity to acquire a cash-flowing investment portfolio consisting of four tenant-occupied homes plus an additional vacant lot with future development potential.
Location
State GA
County Turner
Rooms
Bedroom Description No
Basement None
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Off Street
Community Features None
Utilities Available Electricity Individual Meters
View Y/N No
Garage No
Private Pool No
Building
Faces GPS
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block
New Construction No
Schools
Elementary Schools Other
Middle Schools Other
High Schools Turner
Others
HOA Fee Include None
Tax ID A09 120A
Special Listing Condition Resale
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