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Off market
  • $55,600

    106 NE Railroad Ave, Lyons, GA 30436

    2beds
    910sqft
    SingleFamily
    Built in 1985
    3,484 Square Feet Lot
    $55,600 Zestimate®
    $61/sqft
    $969 Estimated rent

    Owner options

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    $969/mo

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    $969/mo

    Rent Zestimate®

    Refinance and save

    $280/mo

    Est. payment

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    $280/mo

    Est. payment

    What's special

    Don't miss the chance to purchase a portfolio of income-generating properties! 106 NE Railroad Ave features 2 bedrooms and 1 bathroom and enjoys consistent bookings from Airbnb and Vrbo guests year-round and is available for individual purchase. The seller owns two additional adjacent 2 bedroom 1 bathroom houses, each available for $160,000. There is a 4th home available (3 bedrooms and 1.5 bathroom) in the portfolio that is in need of repair, which is priced at $100,000. Three of the four homes currently generate income through Airbnb and Vrbo, with the potential to boost earnings once the fourth house is renovated. The total gross profit from Airbnb, Vrbo, and rental income is $72,200 resulting in a yearly net profit of over $62,000! Will consider a package offer of $500,000 for all four properties. The portfolio maintains high occupancy due to its proximity to a local factory, just 15 minutes away, and popular hunting grounds nearby. Very minimal competition in the area. The seller can provide a profit and loss statement and a reservations list upon request. All homes are sold turn-key. Please inquire or use map search for additional addresses.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Other
    • Basement: None
    Interior area
    • Total interior livable area: 910 sqft

    Property

    Parking
    • Parking features: Off-street, On-street
    Features
    • Exterior features: Cement / Concrete
    Lot
    • Size: 3,484 sqft
    Details
    • Parcel number: OP1048A

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Concrete Block
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Year built: 1985

    Community & neighborhood

    Location
    • Region: Lyons