Investor Special: Fixer-Upper with Tenant in Place at 805 Ray St, Griffin, GA Discover a promising investment opportunity with this fixer-upper property at 805 Ray St, Griffin, GA. This home offers immediate rental income with a reliable tenant already in place, while presenting an exciting opportunity for value-add improvements. Property Highlights: Co Tenant in Place: Enjoy steady rental income from a current tenant, ensuring immediate cash flow and reducing vacancy risk. Co Fixer-Upper Potential: The property is ripe for renovation and upgrades, allowing you to enhance its value and increase future rental income or resale value. Co Prime Location: Situated in a sought-after Griffin neighborhood with convenient access to amenities, schools, and public transportation. Co Investment Potential: With some updates and repairs, this property offers significant upside potential and is a great addition to any real estate investment portfolio. Take advantage of this unique opportunity to invest in a property with existing rental income and potential for substantial improvement at 805 Ray St.
Closed
$85,000
805 Ray St, Griffin, GA 30223
3beds
1,208sqft
Single Family Residence
Built in 1940
8,276.4 Square Feet Lot
$83,600 Zestimate®
$70/sqft
$1,220 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: June 13, 2025 at 01:57pm
Listed by:
Jodie Sherwood 470-302-4113,
Atlanta Communities,
Gabbie Richardson 404-883-6763,
Atlanta Communities
Bought with:
Non-Mls Salesperson, 429940
Non-Mls Company
Source: GAMLS,MLS#: 10354119
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer
- Laundry: Common Area
Features
- High Ceilings
- Flooring: Carpet
- Basement: Crawl Space
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,208
- Total interior livable area: 1,208 sqft
- Finished area above ground: 1,208
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Body of water: None
Lot
- Size: 8,276 sqft
- Features: None
Details
- Parcel number: 009 14004
- Special conditions: Investor Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available
Community & neighborhood
Community
- Community features: None
Location
- Region: Griffin
- 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
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Estimated market value
$83,600