73K Yearly Income At 510K Purchase Price

Dated: 08/01/2017

Views: 70

Huge rental portfolio in #Midway in the Lyman Hall neighborhood to include 19 properties w/ current monthly income of $6100 and listed #forsale at $510k. Perfect for an investor looking to make a huge return! Yearly income is $73,200+. Future owner may purchase water hookups on additional 6 lots for a total potential of an additional $14,400 per year lot rental income! 

The portfolio will not be broken up: 9 TRAILERS, 1 teardown home, 3 Rental Lots & 6 mobile home lots that will need water hook ups. This sale includes the following lots with mobile homes: 35 Bertram Ave (2BR/1BA), 78 Button Gwinnett Ave (3BR/2BA), 81 Button Gwinnett (3BR/2BA), 151 Hollingsworth Blvd (4BR/2BA), 204 Hollingsworth Blvd (3BR/1.5BA), 229 Hollingsworth Blvd (3BR/2BA), 208 CC Jones St (3BR/2BA), 81 Marie Ave (3BR/1BA), 123 Saint Catherine St (3BR/2BA) income. LOTS RENTALS (do not include mobile homes- those are owned by the tenants): 50 Button Gwinnett Ave, 95 Button Gwinnett Ave. The following LOTS with $200/mo rental potential do not currently have water hook up are 2 Marie St, 9 Marie St, 10 Marie St, 15 Marie St, 26 Marie St & 27 Marie St. 250 Nell St is a teardown home.

For more information on this #realestate portfolio or to learn how to start the real estate investing process, call Jenny Rutherford at 912-388-2828 or click the photo below:


{mls: 177263}

Blog author image

Jenny Rutherford

Meet Jenny Rutherford Jenny Rutherford Real Estate, LLC. Where did you grow up? I grew up on a farm at the base of the Blue Ridge Mountains in Virginia. I've lived in several states, including Virgi....

Want to Advertise on this Site?

Latest Blog Posts

Whats Open In Savannah

Savannah has finally started to safely open up after of Covid-19!     Here's a list of Savannah staples that are now open for dine in:1. The Olde Pink House 

Read More

FIRST TIME HOME BUYERS GUIDE

Buying your first home is an exciting yet terrifying experience! This quick guide will help you conquer the process like a pro so that you can sit back and relax in your new home sooner rather

Read More

4 Acre Horse Farm In Guyton Georgia

Incredible 4BR/2BA Home | 2788sqft | $400K4 Acre Farm Just Minutes to I-95 & Hwy

Read More

USDA INCOME LIMITS HAVE INCREASED

 A USDA Home Loan is a Great 100% Financing Option and is meant to help home-buyers with a modest income, purchase a home. With an Increase to Income Limits, it'll 

Read More