712 Searcy AVE Active Save Request In-Person Tour Request Virtual Tour
Griffin,GA 30223
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Huckaby Estate
MLS Listing ID 10489906
Year Built 1940
Annual Tax Amount $1,731
Tax Year 2024
Lot Size 5.600 Acres
Property Sub-Type Multi Family
Property Description
Prime Multi-Family Investment Opportunity 712 & 724 Searcy Avenue, Griffin, GA Exceptional investment opportunity in Griffin, Georgia! These two adjacent properties, totaling 6.44 acres, feature nine buildings with significant income potential, making them ideal for investors or multi-generational living. Property Breakdown: 712 Searcy Avenue (5 buildings): 714A, 714B, 716 Three separate single-family homes. 712 Unfinished apartment currently used as a photography and recording studio. Easily convertible back to a rental unit (kitchen and bathroom connections available). 712A Large garage and workshop. 724 Searcy Avenue (4 buildings): 724 Main house, zoned for residential and commercial use (formerly a grocery store). 720A, 720B, 722 Three additional single-family homes. Key Features: Income Potential Approximate total monthly rental income of $8,400 across nine buildings. Turnkey & Renovated Seven units have been fully remodeled inside. Ample Parking Off-street parking and a garage with 18-20 spaces. Multi-Use Zoning One building is residential/commercial, offering potential business opportunities. Spacious & Versatile Ideal for an investor portfolio or a multi-generational family. Prime Location Close to schools, shopping, and local amenities, enhancing rental appeal. Exterior renovations are needed, providing a value-add opportunity for investors looking to increase equity. Don't miss out on this unique investment opportunity! Schedule a showing today.
Location
State GA
County Spalding
Interior
Heating Electric
Cooling Ceiling Fan(s),Dual,Electric
Exterior
Parking Features Detached,Garage
Garage Spaces 2.0
Community Features None
Utilities Available Other
View Y/N No
Building
Sewer Septic Tank
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Futral Road
Middle Schools Rehoboth Road
High Schools Spalding
Others
Special Listing Condition Resale