1071 Heritage DR, Greensboro, GA 30642
1071 Heritage DR, Greensboro, GA 30642
1071 Heritage DR, Greensboro, GA 30642
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$1,500,000
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8,712 Sqft Lot
New

1071 Heritage DR Greensboro, GA 30642

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Nicole Van Den Bergh

Nicole Van Den Bergh

+1(770) 283-1223

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Multi Family,Townhouse

Listing Status New

Purchase Type For Sale

MLS Listing ID 10849985

HOA Y/N No

Year Built 1975

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 8712

Property Sub-Type Multi Family,Townhouse

Source Georgia MLS 2

Property Description

Exceptional opportunity to acquire a 12-unit townhome portfolio in Greensboro consisting of two separate six-unit buildings! The community features spacious floor plans, long-term residents, and rents that are significantly below current market levels, creating substantial value-add potential for the next owner. Two of the 12 units have already been renovated, providing a strong starting point and an opportunity to continue improving the remaining units over time. Major exterior improvements have already been completed, including new roofs, complete exterior painting, siding and fascia repairs, replacement of damaged wood, updated gutters, exterior LED lighting, pressure washing, landscaping, tree trimming, and a resealed and restriped parking area. An HOA has been established to support the long-term maintenance of the community, and utilities are separately metered and paid directly by residents. The units are individually platted, providing future flexibility to operate the property as a rental portfolio or renovate and sell units individually. The seller will consider offers for the entire 12-unit portfolio or for either six-unit building separately. Two duplexes within the same area are also available for purchase, creating an opportunity to acquire additional units. With significant exterior capital improvements completed and multiple paths to create value, this is a rare opportunity to acquire a sizable multifamily investment at an affordable basis near Lake Oconee. Tours and additional property details are available upon request.

Location

State GA

County Greene

Rooms

Bedroom Description No

Basement None

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features None

Garage Spaces 30.0

Community Features None

Utilities Available Underground Utilities

View Y/N No

Total Parking Spaces 30

Garage No

Private Pool No

Building

Faces GPS Friendly

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick,Wood Siding

New Construction No

Schools

Elementary Schools Greene

Middle Schools Anita White Carson

High Schools Greene

Others

HOA Fee Include None

Tax ID 087000010F

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Resale

Georgia MLS - GAMLS
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Nicole Van Den Bergh

Nicole Van Den Bergh

Broker License ID: 381292

+1(770) 283-1223

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1071 Heritage DR

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