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  • Price cut: $5K (7/14)
    $390,000

    2609 Country Trce SE, Conyers, GA 30013

    --beds
    --baths
    --sqft
    : 
    Multi Family, Duplex
    Built in 1985
    -- sqft lot
    $389,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Imagine the satisfaction of owning a property that works for you, consistently generating income and building your wealth. Seize this opportunity to acquire a well-maintained duplex at 2609 Country Trace. Each spacious unit has 3-bedroom, 2-bathroom layout, complete with a cozy fireplace that adds a touch of home and enhances tenant appeal. With a proven rental history generating a solid $30,876 in 2024, this property offers immediate cash flow. Both units are currently leased, providing continuous income from day one. This duplex isn't just a property; it's a pathway to financial freedom. Whether you're a seasoned investor looking to expand your portfolio or a savvy first-time buyer seeking to offset your mortgage with rental income, this is your chance to secure a tangible asset in a promising location. The property's good condition minimizes immediate concerns, allowing you to focus on maximizing your returns. Appraised at $400,000. MARKET RENT POTENTIAL: Average rents for 3-bedroom rentals in this area are currently around $1,775/month. At that rate, total monthly income would increase to $3,550, or $42,600 annually. With the same 15% expense ratio, operating expenses would be approximately $6,390, resulting in a Net Operating Income (NOI) of $36,210. This would raise the cap rate to 9.16%. With a $395,000 purchase price, a 20% down payment ($79,000), and an estimated annual debt service of $23,694, projected cash flow would increase to $12,516/year - delivering an improved cash-on-cash return of 15.8%. The area is also seeing rapid growth, with new jobs coming to major employers like Archer Aviation and Meta-all within a 10-minute drive. Plus, with average rents for 3-bedroom rentals in the area currently around $1,775, there's clear potential for future rent increases.
    67 days
    on Zillow
    |
    489
    |
    45
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 07, 2025 at 10:06pm

    Listed by:

    Scott Martineau 678-780-0219,

    Atlanta Communities

    Source: GAMLS,MLS#: 10539619MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2609 Country Trce SE.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

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

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Attached
    • Has attached garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Body of water: None
    Lot
    • Size: 0.49 Acres
    Details
    • Parcel number: 077A020091
    • Special conditions: As Is,Investor Owned

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Brick, Concrete
    Condition
    • Resale
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Other
    Green energy
    • Energy efficient items: Appliances, Insulation, Thermostat

    Community & HOA

    Community
    • Features: None
    • Subdivision: Country Walk At Fieldstone
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Conyers

    Financial & listing details

    • Tax assessed value: $412,000
    • Annual tax amount: $6,511
    • Date on market: 6/5/2025
    • Listing agreement: Exclusive Right To Sell
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