Listing Details for MLS #: 10845564

Remarks

Turnkey Griffin rental: 2BR/1BA cottage, new roof, central HVAC, LVP floors, covered front porch. Long-term tenant in place at $875/mo with room to raise. Income from day one. Asking $89,500. Cash-flowing from the day you close. This 1950 cottage on a quiet, corner lot near downtown Griffin is a rare find in the under-$100K market: a rental that's already in good condition with a stable, long-term tenant who takes real care of the place. Roof is new (architectural shingles, 2023), central heat and air, LVP flooring through the main living areas, and a bright white kitchen with an electric range and double sink. Original beadboard ceilings and a full-width covered front porch give it the character buyers love in Griffin's older neighborhoods; a covered side porch, rear steps, and a storage shed round out the exterior. 2 bedrooms, 1 bath, 960 sq ft, public water and sewer, natural gas available. Currently leased at $875/month - about 20% below area rents for a 2-bedroom house per current rent surveys, leaving room to grow the return at renewal. 2025 taxes under $900. House is tenant occupied, please do not disturb tenant

General Info
Listed By:CORDOVAJARED
Price:$89,500
County:Spalding
Subdivision:None
Elementary School:Moore
Middle School:Kennedy Road
High School:Spalding
Features
Basement: Crawl Space
Construction: Wood Siding
Cooling System: Central Air
Fireplace Descriptions:
Heating System: Central
Laundry: Laundry Closet
Lot: 0.15
Lot Description: Other
Parking: Off Street
Roof: Composition
Stories: One
Style: House
Water & Sewer: Public Sewer

The data relating to real estate for sale on this web page comes, in part, from the Broker Reciprocity Program of Georgia MLS. The broker providing this data believes the data is correct, but advises interested parties to confirm all data before relying on it for a purchase decision.

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