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Off market
  • $339,400

    50 Alvaton Rd, Gay, GA 30218

    6beds
    0baths
    3,016sqft
    MultiFamily
    Built in 1940
    -- sqft lot
    $339,400 Zestimate®
    $113/sqft
    $1,236 Estimated rent

    What's special

    4 Unit Quadplex that generates $2425 per month in income. Fully rented with rents of Unit 1: (2/1) $725, Unit 2: (2/1) $650, Unit 3: (1/1) $500, Unit 4: (1/1) $550. This is a hot rental market partly due to proximity to larger cities and also due to lack of competition in the area. Putting a for rent sign by the roads yields lots of interested renters immediately. Immediate opportunity to raise rents. Apartments have each been renovated extensively in the last 2-3 years. All have newer HVACs. Metal roof in good condition. Self managed and have chosen excellent renters. Txt or call me directly at 478-972-1629

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 0
    • Full bathrooms: 4
    Heating
    • Forced air, Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    • Laundry: Hookups In Unit
    Features
    • Flooring: Carpet
    • Basement: None
    Interior area
    • Total interior livable area: 3,016 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Off-street
    Features
    • Exterior features: Cement / Concrete, Composition
    Lot
    • Size: 2.57 Acres
    Details
    • Parcel number: 118003001

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Wood
    • Foundation: Masonry
    • Roof: Metal
    Condition
    • Year built: 1940

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Location
    • Region: Gay

    Other

    Other facts
    • Sewer: Septic Tank
    • WaterSource: Well
    • Appliances: Range/Oven, Refrigerator, Other
    • Heating: Electric, Heat Pump, Central
    • HeatingYN: true
    • CoolingYN: true
    • NumberOfUnitsTotal: 4
    • LeaseTerm: 12 Months
    • Cooling: Heat Pump, Central Air, Ceiling Fan(s)
    • Basement: Crawl Space, Walk-Out Access
    • RentIncludes: See Remarks, Water/Sewer, Trash Collection
    • WaterSewerExpense: 0
    • GrossIncome: 24840
    • StructureType: Multi Family
    • ParkingFeatures: Off Street, 2 Car
    • FarmLandAreaSource: Public Record
    • LotDimensionsSource: Public Records
    • ConstructionMaterials: Press Board Siding
    • FuelExpense: 0
    • LaundryFeatures: Hookups In Unit
    • BeastPropertySubType: Multifamily
    • OperatingExpense: 4600
    • MlsStatus: Under Contract
    • NetOperatingIncome: 20240
    Services availability