For Sale

Listed by Igor Arkhipov

Source: First Multiple Listing Service, Inc. #7017376

225 Addington Drive Northwest, Rome, GA, 30165

$225,000

1.43 ac.

Duplex

30+ days on the market

What's around 225 Addington Drive Northwest

About this property

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.

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