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  • $380,000

    12621 Veterans Memorial Hwy, Douglasville, GA 30134

    --beds
    --baths
    --sqft
    Multi Family, Duplex
    Built in 1922
    -- sqft lot
    $412,800 Zestimate®
    $--/sqft
    $1,231 Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: February 27, 2025 at 08:40am

    Listed by:

    Lionel Sterling Jr 678-571-3016,

    Sterling Realty Partners, Inc.

    Bought with:

    Lionel Sterling Jr, 352265

    Sterling Realty Partners, Inc.

    Source: GAMLS,MLS#: 10441095MLS Logo

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Features
    • Basement: None
    • Has fireplace: No

    Property

    Parking
    • Parking features: Off Street, Side/Rear Entrance
    Features
    • Levels: Two
    • Stories: 2
    • Body of water: None
    Lot
    • Size: 0.34 Acres
    Details
    • Parcel number: 0193025C012
    • Special conditions: Investor Owned

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Wood Siding
    Condition
    • Resale
    • New construction: No
    • Year built: 1922

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Underground Utilities
    Green energy
    • Energy efficient items: Appliances, Roof, Thermostat, Water Heater

    Community & neighborhood

    Community
    • Community features: Sidewalks, Street Lights, Near Shopping
    Location
    • Region: Douglasville
    • Subdivision: NONE

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: 1031 Exchange,Cash,Conventional,Fannie Mae Approved,FHA,VA Loan
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $412,800

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $412,800