Genereynoldsrealty.com Search Results

$395,000

Welcome to this well-maintained, freshly updated four-sided brick duplex, where each 1,680 sq ft unit features 3 spacious bedrooms and 1.5 bathrooms designed for comfort and convenience. Over $30,000 in renovations and upgrades were completed in 2021, with additional recent updates including fresh interior paint, new bathroom vanities, and new carpet throughout the bedrooms. Inside, each unit offers a cozy family room with a fireplace, a functional kitchen with stainless steel appliances and generous cabinetry, and a dedicated laundry room. The bedrooms are filled with abundant natural light and feature new carpeting for added comfort. Outside, the fenced backyard provides a private space to relax or entertain, along with a covered porch. The area is also experiencing rapid growth, with 5,600 new jobs coming to major employers such as Rivian, Archer Aviation, and Meta, all within a 10-minute drive. Average rents for 3-bedroom rentals in the area are currently around $1,500/month, presenting strong upside potential for future rent increases. Whether you're seeking reliable rental income or a multi-generational living solution, this property offers an ideal combination of versatility, value, and steady returns. Unit 2609 currently rents for $1,230/month, and Unit 2611 is currently vacant. If unit 2611 is to rent for $1,230/month, generating approximately $29,520 in gross annual income. Estimated annual operating expenses are approximately 16% of gross income ($4,723), resulting in a Net Operating Income (NOI) of approximately $24,797. Based on a $395,000 purchase price, 20% down payment, 30-year amortization, and an estimated 6.3% interest rate, projected annual debt service is approximately $23,470. This results in an estimated annual cash flow of approximately $1,327 and a cap rate of approximately 6.3%, making this an attractive opportunity for investors seeking long-term appreciation with immediate income and upside potential. MARKET RENT POTENTIAL: With average 3-bedroom rents in the area currently around $1,500/month, total monthly rental income could increase to approximately $3,000/month or $36,000 annually. At market rents, the estimated NOI increases to approximately $30,240, annual cash flow improves to approximately $6,770, and the projected cap rate increases to approximately 7.7%, providing significant upside through future rent growth and increased returns.

10814549 MLS

Welcome to this well-maintained, freshly updated four-sided brick duplex, where each 1,680 sq ft unit features 3 spacious bedrooms and 1.5 bathrooms designed for comfort and convenience. Over $30,000 in renovations and upgrades were completed in 2021, with additional recent updates including fresh interior paint, new bathroom vanities, and new carpet throughout the bedrooms. Inside, each unit offers a cozy family room with a fireplace, a functional kitchen with stainless steel appliances and generous cabinetry, and a dedicated laundry room. The bedrooms are filled with abundant natural light and feature new carpeting for added comfort. Outside, the fenced backyard provides a private space to relax or entertain, along with a covered porch. The area is also experiencing rapid growth, with 5,600 new jobs coming to major employers such as Rivian, Archer Aviation, and Meta, all within a 10-minute drive. Average rents for 3-bedroom rentals in the area are currently around $1,500/month, presenting strong upside potential for future rent increases. Whether you're seeking reliable rental income or a multi-generational living solution, this property offers an ideal combination of versatility, value, and steady returns. Unit 2609 currently rents for $1,230/month, and Unit 2611 is currently vacant. If unit 2611 is to rent for $1,230/month, generating approximately $29,520 in gross annual income. Estimated annual operating expenses are approximately 16% of gross income ($4,723), resulting in a Net Operating Income (NOI) of approximately $24,797. Based on a $395,000 purchase price, 20% down payment, 30-year amortization, and an estimated 6.3% interest rate, projected annual debt service is approximately $23,470. This results in an estimated annual cash flow of approximately $1,327 and a cap rate of approximately 6.3%, making this an attractive opportunity for investors seeking long-term appreciation with immediate income and upside potential. MARKET RENT POTENTIAL: With average 3-bedroom rents in the area currently around $1,500/month, total monthly rental income could increase to approximately $3,000/month or $36,000 annually. At market rents, the estimated NOI increases to approximately $30,240, annual cash flow improves to approximately $6,770, and the projected cap rate increases to approximately 7.7%, providing significant upside through future rent growth and increased returns.

2611 Golfview Terrace SE, Conyers

Listing courtesy of Keller Williams Realty Atlanta North.

$419,900

A great turnkey opportunity for investors or a buyer can live in one side and rent the other side duplex. The duplex has been recently remodeled, ready for new tenants (seller is actively advertising for new tenants). New LVP flooring throughout, renovated kitchens, baths, with solid counter tops. Laundry room in each unit new light fixtures, hardware, throughout and each unit has its own separate driveway. Separate utility meters. new gutters and exterior trim painted. Over 60k worth of upgrades total for both units. Seller will install stove, refrigerator, and dishwasher if not already in place.

10794051 MLS

A great turnkey opportunity for investors or a buyer can live in one side and rent the other side duplex. The duplex has been recently remodeled, ready for new tenants (seller is actively advertising for new tenants). New LVP flooring throughout, renovated kitchens, baths, with solid counter tops. Laundry room in each unit new light fixtures, hardware, throughout and each unit has its own separate driveway. Separate utility meters. new gutters and exterior trim painted. Over 60k worth of upgrades total for both units. Seller will install stove, refrigerator, and dishwasher if not already in place.

2595 Fieldstone View Lane SE, Conyers

Listing courtesy of HomeSmart.

$399,900

Duplex Opportunity in a Convenient Conyers Location! Whether you're looking to expand your investment portfolio, offset your mortgage by living in one unit and renting the other, or accommodate multi-generational living, this well-maintained duplex offers incredible flexibility and income-producing potential. Each unit features 3 spacious bedrooms and 2 full bathrooms with functional floor plans designed for comfortable everyday living. A unique advantage of this property is that each unit has its own private driveway, providing convenient off-street parking and added privacy for residents. Unit 2124 has been recently refreshed with fresh paint and light updates, making it move-in ready for an owner-occupant or new tenant. Enjoy generous living spaces, ample kitchen storage, and private outdoor areas perfect for relaxing or entertaining. Conveniently located near shopping, dining, schools, parks, and major commuter routes with easy access to everything Conyers has to offer. Opportunities to own a duplex with this combination of location, versatility, and rental potential are becoming increasingly rare. Whether you're a seasoned investor or a first-time buyer looking to generate passive income, this property checks all the boxes. Contact Rae Johnson with eXp Realty for additional information.

10780282 MLS

Duplex Opportunity in a Convenient Conyers Location! Whether you're looking to expand your investment portfolio, offset your mortgage by living in one unit and renting the other, or accommodate multi-generational living, this well-maintained duplex offers incredible flexibility and income-producing potential. Each unit features 3 spacious bedrooms and 2 full bathrooms with functional floor plans designed for comfortable everyday living. A unique advantage of this property is that each unit has its own private driveway, providing convenient off-street parking and added privacy for residents. Unit 2124 has been recently refreshed with fresh paint and light updates, making it move-in ready for an owner-occupant or new tenant. Enjoy generous living spaces, ample kitchen storage, and private outdoor areas perfect for relaxing or entertaining. Conveniently located near shopping, dining, schools, parks, and major commuter routes with easy access to everything Conyers has to offer. Opportunities to own a duplex with this combination of location, versatility, and rental potential are becoming increasingly rare. Whether you're a seasoned investor or a first-time buyer looking to generate passive income, this property checks all the boxes. Contact Rae Johnson with eXp Realty for additional information.

2124 Golfview Drive SE, Conyers

Listing courtesy of eXp Realty.