$589,900
42,44,54,56 Greenwood Circle
Details
APN T09 066
Property Type Multifamily
Sub Type Single Family Rental Portfolio, Apartment Building
Units 4
Cap Rate 4.80%
NOI $49,320
Occupancy 100%
Tenancy Multi
Year Built 1983
Buildings 2
Acreage 0.290
Investment Type Stabilized
Multifamily | 4.80% CAP | 4 Units
Marketing description
Excellent investment opportunity featuring two duplexes (four total units) with a strong rental history and consistent income. The property currently generates approximately $50,000 in annual gross income. Recent improvements include new roofs installed in 2023 and fresh exterior paint completed in 2023. Several units have been thoughtfully updated, offering a mix of upgraded and well-maintained living spaces. Conveniently located just minutes from downtown Toccoa and Toccoa Falls College, this property provides easy access to shopping, dining, and local amenities. A great opportunity for investors seeking a well-performing, income-producing property in a desirable area.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$49,320.00
$4,110.00/mo
Valuation Metrics
0
DSCR
8.36%
Cap Rate
8.36%
ROI
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