2253 Bellew Drive, Unit 2247-53 Bowman, GA $ 259,900
2253 Bellew Drive, Unit 2247-53
$ 259,900
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2253 Bellew Drive, Unit 2247-53

Bowman, GA, 30624
$ 259,900
Baths0.0

Monthly Estimate*

$ 1,815

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2253 Bellew Drive, Unit 2247-53, Bowman, GA 30624 - Image 12
Studio

Multi-Family Home for sale in Bowman, GA

for $259,900. This home was built in 2001 on a lot size of 5.

TURN KEY INVESTMENT with Great returns (CAP Rate 10%) - Trailer Park (5 units) kept in Very Good Condition. Gross Monthly Rental Income $3,100; Gross Annual Rental Income $35,100. 100% OCCUPIED. Current being managed by a Management Company making it a hands free. They can continue to manage it OR you can do it yourself. HVAC systems recently replaced on 4 of the units. Newer flooring in a few of the units. Owners updating the properties when there is a vacancy which is a low turnover. Currently - 5 units in place (Single wide Manufactured homes) with an option to add 1 more unit/home. Located minutes from Bowman, GA off Hwy 17 close to Elberton, Royston, Athens, Lavonia, and Hartwell.

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Multi-Family Pending

Price

$ 259,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,500

Style

Multi Family

Lot Size

5

Year Built

2001

Town/City

Bowman

County/Region

Elbert

MLS | Web ID

20173045

Features
General
Sewer Private Sewer Septic Tank
Heating Electric Central Heat Pump
Cooling Ceiling Fan(s) Central Air Electric Heat Pump
Utilities Electricity Individual Meters
HOA 0
Association Fee Includes None
Construction Materials Aluminum Siding
Year Built 2001
Levels One
Unit Number 2247-53
Property SubType Multi Family
Tax Year 2023
Gross Income 3100
Community Features None
County Elbert
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Energy Efficient Roof
Subdivision Name Bellew MHP
Garage Y/N N
Green Water Conservation Low-Flow Fixtures
Status Under Contract
Directions Bowman - Hwy 17 South Right on Fork Creek Immediate Right on Bennett Rd Immediate Left on Dud Rd Bear Left onto Bellew Rd Look for 5 white mailboxes at the road. Entrance is right before it.
High School Elbert County
City Bowman
Buyer Agent Compensation 3
Body of Water Close To Lake Hartwell & Lake Russell
View Y/N N
Senior Community Y/N N
Total Units 5
Lot Size Square Feet 217800
Waterfront Y/N N
Carport Y/N N
Street Name Bellew
Elementary School Elbert Co Primary/Elem
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1500
Electric Expense 40
Home Warranty Y/N N
Fuel Expense 0
Middle/Junior High School Elbert County
Property Condition Resale
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Buyer Agent Compensation Type %
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Interior
Basement None
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Laundry Features In Unit
Electric On Property Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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Exterior
Parking Features Over 1 Space per Unit Side/Rear Entrance
Water Source Well
Total Parking 2
Lot Size Area 5
Foundation Details Block Pillar/Post/Pier
Spa N
Lot Size Acres 5
Lot Size Units Acres
Lot Size Source Public Records
Open Parking Y/N N
Horse Y/N N
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* Excluded Features
List By
Lake Homes Realty Llc

Broker

lakehartwellnow@gmail.com

Email

Affordability Calculator

$1,940
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,815
Monthly Property Taxes
$125
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4136645 Elementary School
4134346 Middle School
Elbert County High School High School
Pricing History
DatePricePrice ChangeDescription
2/28/2024$259,900 Listed Price

Map


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2253 Bellew Drive, Unit 2247-53, Bowman, GA, 30624 is a Multi-Family Home for sale at $259,900 with a lot size of 5. 2253 Bellew Drive, Unit 2247-53 is a studio with 0.0 baths and was built in 2001. The property's zip code is 30624 which is in Bowman, GA