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530 W Broughton $739,000

A one and only opportunity to purchase a unique income producing property along the banks of the Flint River in Bainbridge, Georgia. The property currently has 6 units ( 3 @ $950/mo and 3 @ $1150 / mo.) With approved plans for 6 more units on the property. With the 6 units in place the investment shows nearly a 6% return based on asking price, historic occupancy rate of 92% and very low maintenance expenses. The units are finished out as modern/luxury residences and feature fantastic views of the river and Bainbridge’s famous bridges. Each unit is 3/2- 3 units have private 2 car attached garages.

Property Details
  • Property Status: Active
  • MLS #: 7109
  • Days On Market: 367
  • Type: Apartments/Multi-Family
Features
  • Utilities: Water Connected, Electricity Connected, Sewer Connected
  • Transportation: City Road
  • Zoning:
  • Other: Aerials Available, Survey, Corner Location, Landscaped

Listing Office: 3 Rivers Realty