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225 Addington Drive Northwest

Rome GA 30165

1.43 ac.
Duplex
Currently for sale - view listing

Overview

Awesome Primary Residence/Investment opportunity if the buyer will purchase only one residence (currently divided into 2 separate homes) or investor?s opportunity to own six duplexes (12 bedrooms and 12 full bathrooms) for a total of $1,290,000 ($215,000X6) with steady income and 100% occupancy rate. All buildings were improved/rebuilt in 2015 with the current effective age to be less than 10 years old. Each duplex has two units with a family room, fireplace, two bedrooms and one full bathroom in each household. The current minimum leasing rate for each unit is $750/month or $18,000 annually for the entire duplex. In the present time all six duplexes are combined into one legal deed so they have to be sold all together. However, if somebody would be interested to purchase only one duplex as a primary residence or less than six units as an investment, the seller agreed to subdivide this property accordingly. Please note that it will require some waiting period of time for the seller?s attorney to complete that task. All duplexes are located in a quiet neighborhood, surrounded by trees with private backyards available for entertaining family and friends.

Features

1.43 ac. lot size
Duplex

Happy sellers in Rome

74%
74% of sellers in Rome reported that their sale price either exceeded or met their price expectations.

Rome stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Rome over the last 12 months.

Local market activity for duplexes in Rome

In the last 12 months, 4 duplexes similar to 225 Addington Drive Northwest, have been sold.

This represents a 34% increase in duplexes sales when compared to the previous 12 months.

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(619) 566-0008
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