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7 Richard Allen Drive

Newnan GA 30263

2
1
800 sq. ft.
0.2 ac.
Condo
Currently for sale - view listing

Overview

Affordable Income Producing duplex for sale. Tenants Occupied and instant cash flow. Appointment Required. 2 units- each unit is approx 800 square feet, 2 bedroom 1 Bath. Each unit has its own power, water and gas meter. Central Heat and window units for AC. Low maintenance concrete block exterior/walls. Both units have laundry hookups. Tenants park in front yard and rear has additional parking area. All schools are close by. Convenient to downtown Newnan and an easy stroll right over to Lynch Park - a great community park with the Wesley Street Gym, playground, tennis courts, picnic pavillion and very nice public pool/water park. The park is literally directly across the street. Boys and Girls Club directly behind this unit. Great community! Super easy stroll to Historic Downtown Newnan for shopping, dining, entertainment and recreation. Current leases expire in 2027. Current rent is $900 each, but that is under market. Property is in average/good condition - but you can update more with cosmetics for higher rent potential. Photoes were taken before current tenants moved in. Current tenants are responsible for all utilities. Natural gas for heating and cooking. Public water and Sewer Connected.

Features

2 bedrooms
1 bathroom
800 sq. ft. floor area
0.2 ac. lot size
Condo

Happy sellers in Newnan

91%
91% of sellers in Newnan reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 11 reviews in Newnan over the last 12 months.

Local market activity for 2 bedroom condos in Newnan

In the last 12 months, 6 two-bedroom condos similar to 7 Richard Allen Drive, have been sold.

This represents a 100% decrease in two-bedroom condos sales when compared to the previous 12 months.

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