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Off market
  • $48,585

    1265 W Highway 16, Newnan, GA 30263

    4beds
    2,250sqft
    MultiFamily
    Built in 1952
    -- sqft lot
    $-- Zestimate®
    $22/sqft
    $1,877 Estimated rent

    Owner options

    List your home for rent

    $1,877/mo

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    $1,877/mo

    Rent Zestimate®

    Refinance and save

    $233/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $233/mo

    Est. payment

    What's special

    Two Residential houses on one lot. One can be converted to commercial. Currently Zoned for General Commercial. The first house is a charming 800-sqft house with 2 bedrooms with a newly remodeled bathroom and a fully renovated kitchen. Fenced backyard perfect for pets. The second is a larger 1450 sqft structure with 2 bedrooms, two & a half bathrooms, kitchen & office area. It has a good-sized unfinished basement and attached 1 car garage with lots of storage. Both units have ample additional off-street parking. This building could also function as a business or organization - perfect for multiple types of ventures - store, church, beauty salon, dance studio, production shop, arts & crafts, school, etc... 239 Feet of Road Frontage on Highway 16 West - very visible from both directions. Concrete block construction. There are two septic systems, one for each building, and a new well system. Central Air and Heat in both structures. Located on a large 1.25-acre lot - a mostly flat, open meadow often with wildlife including wild turkeys and deer. Very private and very accessible to everything because of its great location - less than 5 miles away from Downtown Newnan. Great income property. It’s okay to drive-by and take a look for yourself. There are new housing and commercial subdivisions now being developed all around this property, as shown in aerial photo, which will significantly increase the value of this property & adjacent lands. Great investment! Call us at 404-927-4988 or call Kenny at 678-378-7291 to schedule a viewing.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dryer, Washer
    Features
    • Flooring: Tile, Concrete, Hardwood, Laminate
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,250 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Off-street, Garage
    Features
    • Exterior features: Wood, Cement / Concrete, Composition
    • Has view: Yes
    • View description: Park
    Lot
    • Size: 1.25 Acres
    Details
    • Parcel number: 0475099002A

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Other
    • Foundation: Crawl/Raised
    • Roof: Other
    Condition
    • Year built: 1952

    Community & neighborhood

    Location
    • Region: Newnan