For Sale

Listed by Josh Hale from Villa Homes Realty

Source: Georgia Multiple Listing Service #10890489

120 Iris Drive, LaGrange, GA, 30241

$300,000

1 ac.

Duplex

•

1 day on the market

What's around 120 Iris Drive

About this property

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.

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