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Listed by Caleb Ross Canopy Realty Group
$156,000
Est. payment /mo
4 Beds
2 Baths
2,219 SqFt
Active
606-608 Ward St #2 Douglas, GA 31533
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,219 sqft
Price per Sqft $70
MLS Listing ID 153875
Bedrooms 4
HOA Y/N No
Lot Size 7,840 Sqft
Property Sub-Type Duplex
Property Description
This well-maintained duplex presents an excellent opportunity to acquire a stabilized multifamily asset in the growing Douglas, Georgia market. The property features two (2) 2BR/1BA units, both currently leased at $800 per month, representing market-rate rents and providing immediate, predictable cash flow, turning in $19,200 annually. Recent improvements include a new metal roof and moderately updated interiors and exteriors, helping reduce future maintenance concerns while enhancing tenant appeal. The property benefits from city water and city sewer services, eliminating many of the maintenance responsibilities associated with private utility systems. Each unit is individually metered for electricity, with tenants paying the power provider directly, creating an efficient expense structure for ownership. The combination of stable tenancy, market-rate rents, and recent capital improvements makes this property an attractive option for both new and experienced investors. Douglas continues to experience strong demand for quality workforce housing, supported by a diverse employment base and affordable cost of living. For investors seeking a low-maintenance asset with dependable income and minimal deferred maintenance, this duplex offers a compelling blend of stability and long-term value. Tenant Occupied, do not approach or disturb tenants. Interior showings allowed only when under contract during DDP.
Location
State GA
Area 11-Other
Zoning R
Interior
Interior Features Insulated
Heating Central
Cooling Central Air, Electric
Appliance Other
Exterior
Exterior Feature None
Parking Features 3+ Cars
Garage Spaces 3.0
View Y/N No
Roof Type Metal
Garage No
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
NEARBY SCHOOL & BUSINESS
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