3804 Old Louisville Road Garden City, GA, 31408
$ 550,000Bedrooms 8 Baths7.0 Sq 3,814
for $550,000 with 8 bedrooms and 7 full baths. This 3,814 square foot home was built in 1940 on a lot size of 0.3000 Acre(s).
Amazing cash flow on this zoning approved and licensed boarding house on the West-side. Zoning is grandfathered. 15 rooms to rent between the main house (8) and secondary building (7). All rooms are currently occupied and residents pay weekly. Each room contains its own fridge and a/c unit. Rent includes all utilities along with cable T.V.. Main home has nice hardwood and ceramic tile flooring along with a large kitchen with washer and dryer. Secondary building has a kitchenette. Seller states gross annual income to be $106, 522.
Cooling System Central Air Electric Cooling Wall Unit(s)
Flooring Ceramic Tile Flooring Wood Floors
Heating Source Electric Gas
Heating System Central Heat Floor Furnace
Room Features Laundry in Kitchen Laundry/Utility Room
Sewer Public Sewer
Water Source Public Water
Exterior Balcony Porch
Foundation Concrete Slab
Land Improvements Street Lights
Parking 1-20 Parking Spaces Off Street Parking Parking Lot Parking Pad(s)
Miscellaneous* Excluded Features
Location Walk To Shopping
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% 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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Multi-family listings in Garden City, GA
Average List Price $322,833
Percent of Sale Price 41 %
About Garden City, GA
-11 % Since 2002
$ 33,044 Median Income
35.12 Median Age
27 % Households with Children