Franklin, GA 30217,284 Newnan ST
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Franklin, GA 30217,284 Newnan ST
Franklin, GA 30217,284 Newnan ST
Franklin, GA 30217,284 Newnan ST
Franklin, GA 30217,284 Newnan ST
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$ 515,000
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284 Newnan ST Franklin, GA 30217

1.45 Acres Lot


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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status New

Purchase Type For Sale

MLS Listing ID 10636222

HOA Y/N No

Year Built 1910

Annual Tax Amount $1,165

Tax Year 24

Lot Size 1.450 Acres

Acres 1.45

Lot Dimensions 1.45

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Excellent investment opportunity featuring five total units, four of which are currently leased. The property currently generates approximately $4,100/month in gross rental income. The property includes recent improvements such as fresh interior paint and new appliances. The fifth unit is a studio that is vacant and ready for renovation - providing a straightforward value-add opportunity to increase income and equity.

Location

State GA

County Heard

Rooms

Basement None

Interior

Heating Other

Cooling Window Unit(s)

Fireplace No

Laundry In Unit

Exterior

Parking Features Attached

Community Features None

Utilities Available Sewer Connected

View Y/N No

Garage Yes

Private Pool No

Building

Faces From Newnan: Take GA 34 West towards Franklin. Continue into Heard County. Take a slight left onto Newnan St. Property is on your left. From Carrollton: Take US-27 South Towards Roopville. Follow signs for GA-34 West. Turn Left onto GA-34 West towards Franklin. Take a slight left onto Newnan Street. Property is on your left. From LaGrange: Take US-27 North towards Carrollton. Follow signs for GA-34 West. Turn left onto GA-34 West towards Franklin. Take a slight left onto Newnan St. Property is on your left.

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Structure Type Brick,Wood Siding

New Construction No

Schools

Elementary Schools Heard County

Middle Schools Heard County

High Schools Heard County

Others

HOA Fee Include None

Tax ID 0039 A 0075

Special Listing Condition Resale


Georgia MLS - GAMLS
Pat Sheppard

Pat Sheppard

Broker Associate | PHPA313775

+1(678) 793-8612

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284 Newnan ST