206 South Main Street
206 South Main Street
$465,000
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Description
Prime multi-family investment opportunity in an incredible location! Conveniently located on over an acre lot on Main Street in Downtown LaFayette, GA, with 150+ Feet of road frontage on both Main Street and S. Cherokee Street, this incredible, unique opportunity consists of a 2600+ SQ FT Duplex with 2 Bedrooms + 1 Bath in each unit, a 2 Bedroom, 1 Bath Single Family Home with 1000+ SQ FT, and a small, cottage style home offering 1 Bedroom and 1 Bath. All of the dwellings have been updated and cared...Prime multi-family investment opportunity in an incredible location! Conveniently located on over an acre lot on Main Street in Downtown LaFayette, GA, with 150+ Feet of road frontage on both Main Street and S. Cherokee Street, this incredible, unique opportunity consists of a 2600+ SQ FT Duplex with 2 Bedrooms + 1 Bath in each unit, a 2 Bedroom, 1 Bath Single Family Home with 1000+ SQ FT, and a small, cottage style home offering 1 Bedroom and 1 Bath. All of the dwellings have been updated and cared for, with the current owner's updates consisting of new roofs, new windows, new flooring throughout, new paint, in addition to other interior and exterior renovations. All units expect for one side of the duplex are occupied, with all but one unit being on a month-to-month lease basis. These rental units far exceed expectations, with pride of ownership being apparent and demonstrated by both the owner and tenants. Due to the month-to-month leases, these units offer the opportunity for immediate financial adjustment in order to align more with the current fair market rental rates. The front portion of the property with Main Street road frontage also offers potential future development. If you are looking for a rare, fruitful investment opportunity to add to your real estate portfolio, don't miss this one. Call today to schedule your private tour of this fantastic piece of real estate!
- Listed by Tanner Heyer • BHGRE Jackson Realty
Property Details for 206 South Main Street
Subdivision
none
Fees IncludeNone
ParkingAttached
Location
LISTING UPDATED: 04/21/2024 01:05 AM
Property Details for 206 South Main Street
Status | Active |
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MLS # | 20171904 |
Days on Market | 70 |
Taxes | $3,143 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1952 |
Lot Size | 1.24 AC / 54,014 SF |
County | Walker County |
Location
Building Information for 206 South Main Street
Stories1Residences4Year Built1952Building Size-Lot Size1.24 AC / 54,014 SF
Payment Calculator
$2,800 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 206 South Main Street
Property History for 206 South Main Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 206 South Main Street
Taxable ValueLand$7,441Additions$133,078Total$140,519
Tax Record2023$3,449 ($287 / month)
Home Facts
Beds0Baths6Total Finished SqFt1,040 SqFtAbove Grade Finished SqFt1,040 SqFtStories1Lot Size54,014 SqFtStyleSingle Family ResidenceYear Built1952Year Renovated1999ZoningB2CountyWALKERAPN1039 082Fireplace TypeHas Fireplace
Schools near 206 South Main Street
This home is within Walker County School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 |
Rating | School | Distance |
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North Lafayette Elementary School PublicPK to 5 | ||
Lafayette Middle School Public6 to 8 | ||
Lafayette High School Public9 to 12 | ||
Saddle Ridge Elementary And Middle School PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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