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Listed by Caleb Ross Canopy Realty Group
$160,000
Est. payment /mo
5 Beds
3 Baths
2,230 SqFt
Active
38 & 256 Villa St #2 Douglas, GA 31533
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Key Details
Property Type Multi-Family
Sub Type Multi Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,230 sqft
Price per Sqft $71
MLS Listing ID 153901
Bedrooms 5
HOA Y/N No
Lot Size 1.220 Acres
Property Sub-Type Multi Unit
Property Description
This income-producing property features a 3BR/1BA single-family home and a 2BR/2BA mobile home located on Villa Street in Douglas, Georgia, offering investors immediate cash flow with additional upside through lease-up and rent growth. The 3BR/1BA home is currently rented for $650 per month, while the 2BR/2BA mobile home is vacant and ready for a new tenant. Market comparables support rents of approximately $825 per month for each unit, providing a clear opportunity to increase revenue through leasing and rent optimization. The single-family home has benefited from a new metal roof, helping minimize future maintenance expenses and reducing near-term capital expenditure needs. Located in Douglas, the property is well-positioned to benefit from continued demand for affordable workforce housing and convenient access to local employers, schools, and amenities. With one occupied unit generating immediate income, one vacant unit ready for occupancy, and below-market rents, this property presents an attractive value-add opportunity for investors seeking strong cash flow potential and long-term appreciation. 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 Other
Heating Other
Cooling Central Air
Appliance Other
Exterior
Exterior Feature Other
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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