Investment Opportunity! Duplex in Newnan! 2 units - each unit is approx 800 square feet, 2 bedrooms and 1 full bath. Each unit has it's own power, water, and gas meter. Central heat, window units for AC. Brand new deck that's large on rear accessed by both units. New gutters in 2022. New windows. Bathroom has tile surround tub/shower. Low maintenance concrete block exterior/walls. No laundry hookups currently, but they can easily be added. Approx .15 Acre Lot - Front Lawn Space and Rear Parking on Shared Drive/Parking with Duplex Behind it. All schools within a mile or less. Convenient to downtown Newnan and an easy stroll right over to Lynch Park - a great community park with the Wesley Street Gym, playground, tennis courts, picnic pavilion, and very nice public pool/waterpark. The park is literally directly across the street from this driveway - see photos. Boys and Girls Club directly behind this unit. Great community! Super easy stroll to Historic Downtown Newnan for shopping, dining, entertainment, and recreation. Tenants in place on month to month leases - current rent is $650, but that is an under market rent rate. Property is in average/good condition - but you can update more with cosmetics if desired. Seller also has 74 Wesley Street for sale - the duplex immediately in front of this duplex. They share a drive/parking - both duplexes are at the corner of Richard Allen and Wesley Street. They do not have to be sold together, but seller is interested in selling together as a package so please consider both! Do not disturb tenants or visit the properties under any circumstances other than driving by! Access will be granted once the property is under contract and during due diligence.
Closed
$180,000
11 Richard Allen Dr, Newnan, GA 30263
4beds
--baths
--sqft
Multi Family, Duplex
Built in 1967
-- sqft lot
$206,800 Zestimate®
$--/sqft
$1,455 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 13, 2023 at 06:11am
Listed by:
Melissa Stephens 678-776-1895,
BHGRE Metro Brokers
Bought with:
Angel Peguero, 418697
Source: GAMLS,MLS#: 10163370
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Laundry: Other
Features
- Basement: None
- Has fireplace: No
Property
Parking
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,534 sqft
Details
- Parcel number: N02 0010 013
- Special conditions: As Is,Investor Owned,Rental
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Block
- Foundation: Slab
Condition
- Resale
- New construction: No
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters
Community & neighborhood
Community
- Community features: None
Location
- Region: Newnan
- Subdivision: Rocky Hill
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
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Estimated market value
$206,800