Douglasville, GA 30134,12621 Veterans Memorial HWY
Douglasville, GA 30134,12621 Veterans Memorial HWY
Douglasville, GA 30134,12621 Veterans Memorial HWY
Douglasville, GA 30134,12621 Veterans Memorial HWY
Douglasville, GA 30134,12621 Veterans Memorial HWY
Douglasville, GA 30134,12621 Veterans Memorial HWY
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$424,900

Est.Price: ?

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Est. payment /mo

0.34 Acres Lot


SOLD DATE : 02/27/2025

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10441095

Sold Date 02/27/25

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1922

Annual Tax Amount $4,864

Tax Year 2024

Lot Size 0.340 Acres

Acres 0.34

Lot Dimensions 14810.4

Property Sub-Type Multi Family,Duplex

Property Description

Seize the chance to own a high-performing, income-generating duplex in the heart of Douglasville! This property features two expansive units, each offering 4 large bedrooms and 2 full bathrooms, for a combined total of 8 bedrooms and 4 bathrooms. With generous living spaces, high ceilings, well-appointed kitchens, and dedicated laundry rooms, this duplex delivers both comfort and functionality. Ideally located within walking distance of Downtown Douglasville, the property provides easy access to shopping, dining, and year-round entertainment at the newly developed atrium. This prime location makes it highly attractive to both tenants and owner-occupants. Both units are currently occupied by housing choice tenants, producing a guaranteed government-subsidized rental income of $4,200 per month. Investors can enjoy an above-average cash-on-cash return with existing rental rates, while owner-occupants can offset mortgage costs by living in one unit and renting out the other. Key features include separately metered utilities, ensuring streamlined management and higher net operating income. Whether you're seeking a long-term rental opportunity or envision future use as a short-term rental, this oversized duplex promises strong cash flow potential and exceptional flexibility. This is a rare find in a growing, vibrant community. Don't wait, contact us today about owning this incredible investment opportunity!

Location

State GA

County Douglas

Rooms

Basement None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air, Electric

Fireplace No

Exterior

Parking Features Off Street, Side/Rear Entrance

Community Features Sidewalks, Street Lights, Near Shopping

Utilities Available Underground Utilities

View Y/N No

Garage No

Private Pool No

Building

Faces I-20W to Exit 34. Merge onto Bill Arp Rd. Right on Gurley Rd. Right on US-78E/Veterans Memorial Hwy.

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Bright Star

Middle Schools Chestnut Log

High Schools Douglas County

Others

HOA Fee Include None

Tax ID 0193025C012

Acceptable Financing 1031 Exchange, Cash, Conventional, Fannie Mae Approved, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, Fannie Mae Approved, FHA, VA Loan

Special Listing Condition Resale

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Georgia MLS - GAMLS

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agent
Erika Page

Agent | License ID: 341037

+1(678) 360-6370

435 E Main St, Buford, GA, 30518, USA

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