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476 Powerhouse Road
Forsyth, GA 31029

$450,000

Beds: 2
Baths: 1 | 1
Number of Units:
Type: Multi-Unit Residential
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Listing #163226
Great Investment Property-in good location with room for expansion! Apartment Building is 2 stories with 2 Apartments. Apartments are 1000 square feet each with 2 bedrooms and 1.5 baths. Monthly income of $505.00 per unit ($1,010.00 Apts. Monthly Income). 2 Duplexes with a total of 4 units are 900+ square feet, each with 2 bedrooms and 1 bath. Monthly income of $500.00 per unit ($2,000.00 Duplex Monthly Income). Yearly Gross Income of $36,120.00. Good Location in Forsyth close to downtown. Property is 2.42 acres and offers some room for expansion. Long term Tenants in place. Tenants are currently on a month-to-month lease. Property is well kept and in good condition.
Property Features
Location Information
County: Monroe
Latitude: 33.046332
Longitude: -83.936866
Subdivision: Not in Subdivision
Interior Features
Interior: Carpeted Floors, W/D Connection
1/2 Baths: 1
Fireplace Description: None
Heating: Central, Natural Gas, Separate Meters
Cooling: Central Air, Electric
Disabled Features: No
Appliances: Electric Oven, Gas Water Heater, Range Hood
Accessibility: None
Exterior Features
Stories: One, Two
Construction: Brick, Stucco, Wood Siding
Exterior: None
Roof: Composition, Shingle
Septic or Sewer: City
Water: Public
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Parking Description: Level Driveway, Parking Lot
Parking Spaces: 16
Patio / Deck Description: Back, Patio
Lot Size in Acres: 2.42
Lot Size in Sq. Ft.: 105,415
Zoning: Other
Condition: Resale
Waterfront Description: None
Additional Information
Property Type: RI
Property SubType: Multi Family
Year Built: 1980
Pets Allowed: No
Security Features: None
Dock Description: None
Lease Terms: Other
None
Windows Description: Insulated Windows


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
 % 
Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Connie Ham
Broker: Middle GA Realty
478-256-1129

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Mid Georgia MLS data last updated at January 16, 2022 5:21 PM ET