View All Photos
Turnkey Griffin rental: 2BR/1BA cottage, new roof, central HVAC, LVP floors, covered front porch. Long-term tenant in place at $875/mo with room to raise. Income from day one. Asking $89,500. Cash-flowing from the day you close. This 1950 cottage on a quiet, corner lot near downtown Griffin is a rare find in the under-$100K market: a rental that's already in good condition with a stable, long-term tenant who takes real care of the place. Roof is new (architectural shingles, 2023), central heat and air, LVP flooring through the main living areas, and a bright white kitchen with an electric range and double sink. Original beadboard ceilings and a full-width covered front porch give it the character buyers love in Griffin's older neighborhoods; a covered side porch, rear steps, and a storage shed round out the exterior. 2 bedrooms, 1 bath, 960 sq ft, public water and sewer, natural gas available. Currently leased at $875/month - about 20% below area rents for a 2-bedroom house per current rent surveys, leaving room to grow the return at renewal. 2025 taxes under $900. House is tenant occupied, please do not disturb tenant
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2023 GAMLS. All rights reserved.
Provided By
Listed by Jared Cordova (#CORDOVAJARED)
Listing Office: Nest Realty (#KWSP02)

Get an estimate on monthly payments on this property.