$50,000
$55,000
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1074 Lemon ST NE Dawson, GA 39842
4,399 Sqft Lot
Key Details
Sold Price $50,000
Property Type Multi-Family
Sub Type Multi Family,Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10456105
Sold Date 04/24/25
HOA Y/N Yes
Originating Board Georgia MLS 2
Year Built 1975
Annual Tax Amount $500
Tax Year 2023
Lot Size 4,399 Sqft
Acres 0.101
Lot Dimensions 4399.56
Property Sub-Type Multi Family,Duplex
Property Description
****INVESTOR TAKE NOTE**** This is one of those ON MARKET DEALS you will want to take note of. This turnkey duplex offers a strong return on investment with two 2-bedroom, 1-bath units currently rented at $435 per month, generating $870 in monthly income. Market rent for similar units in the area is between $650 and $700 per month, presenting an opportunity for increased cash flow. One tenant has been in place for eight months, and the other for four months, ensuring a solid rental history. Property features include a durable cinder block and siding construction, a newer roof installed within the last two years, and updated, permitted electrical work. This is a cash-and-carry property, available for purchase with cash or hard money financing for a quick and smooth transaction. Additionally, this duplex can be purchased as part of a four-property investment package, including 904 Ash street in Dawson , 822 Corn Avenue in Albany, and a vacant lot at 820 Corn Avenue in Albany. This is a rare opportunity to acquire a well-maintained, income-producing asset at an affordable price point. Act now to secure this investment. If you have cash sitting in the bank doing nothing, move it here and watch your nest egg grow by nearly $1,000/month-without lifting a finger. Hesitation will cost you. Lock in this deal before another investor beats you to it!
Location
State GA
County Terrell
Rooms
Basement None
Interior
Heating Other
Cooling Other
Fireplace No
Exterior
Parking Features Side/Rear Entrance, Parking Pad
Garage Spaces 4.0
Community Features None
Utilities Available Other
View Y/N No
Total Parking Spaces 4
Garage No
Private Pool No
Building
Faces Use GPS
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Cooper Carver
Middle Schools Other
High Schools Out Of Area
Others
HOA Fee Include Other
Tax ID D11 056
Special Listing Condition Resale
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