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120 Iris Drive

LaGrange GA 30241

1 ac.
Duplex
Currently for sale - view listing

Overview

Home Sweet Home, Room to Grow or Cash Flow! Whether you're looking to expand your investment portfolio or live in one unit while the other helps pay your mortgage, this solid brick ranch offers an opportunity you don't want to miss! Situated on a spacious 1-acre lot in a quiet, established neighborhood with convenient access to the interstate, this well-built home has great bones and has been converted into a fully functioning duplex with two income-producing units! The larger front unit features 3 bedrooms and 2 bathrooms, currently rented for $1,200 per month, while the private rear unit offers 1 bedroom and 1 bathroom, currently bringing in $1,050 per month. That's a combined $2,250 in monthly rental income, or $27,000 annually! Additional highlights include an open-concept carport, detached garage, and plenty of outdoor space on the generous lot. Whether you're a seasoned investor looking for your next income-producing property or a savvy buyer ready to take advantage of the benefits of house hacking, this property offers flexibility, functionality, and income potential all in one! Both units are currently tenant-occupied. Please do not disturb tenants. Showings by appointment only.

Features

1 ac. lot size
Duplex

Happy sellers in LaGrange

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We have insufficient information to provide an overview of customer satisfaction for LaGrange. Viewing the agent profiles, reviews and sales for LaGrange can provide insights for this location.

Local market activity for duplexes in LaGrange

In the last 12 months, 6 duplexes similar to 120 Iris Drive, have been sold.

This represents a 200% decrease in duplexes sales when compared to the previous 12 months.

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