227 Martin Luther King Jr Boulevard

Cedartown, GA 30125

$294,000
Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to your dream investment opportunity! This stunning duplex property is a cash flow-producing powerhouse that will leave you in awe. Situated on a corner lot, this recently renovated duplex boasts two spacious 2-bedroom, 1-bathroom units on each side. Unit 229 also features a sunroom allowing the resident of this unit to sip their morning coffee as the world wakes up around them. All mechanicals are just over 1 year old and the roof is relatively new ensuring you won't have large expenses...Welcome to your dream investment opportunity! This stunning duplex property is a cash flow-producing powerhouse that will leave you in awe. Situated on a corner lot, this recently renovated duplex boasts two spacious 2-bedroom, 1-bathroom units on each side. Unit 229 also features a sunroom allowing the resident of this unit to sip their morning coffee as the world wakes up around them. All mechanicals are just over 1 year old and the roof is relatively new ensuring you won't have large expenses for years to come! Investors seeking a cash flow producing duplex and investors looking to live a life of financial freedom through house-hacking will find their dreams coming true in this property. Schedule a private tour with us and don’t miss out on this incredible investment opportunity.
  1. Listed by Hersh Shah • Keller Williams Realty Intown ATL • 404-541-3500

Property Details for 227 Martin Luther King Jr Boulevard

Subdivision Complex
None
Parking Features
Driveway
Property Attached
No
Waterfront Features
None

Location

Listing Courtesy of Keller Williams Realty Intown ATL, Hersh Shah
Add your commute
LISTING UPDATED: 04/18/2024 09:10 AM

Property Details for 227 Martin Luther King Jr Boulevard

StatusActive
MLS #7352089
Days on Market47
Taxes$557 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1960
Lot Size0.20 AC / 8,712 SF
CountyPolk - ga County

Location

Listing Courtesy of Keller Williams Realty Intown ATL, Hersh Shah
Add your commute

Building Information for 227 Martin Luther King Jr Boulevard

Stories1Residences2Year Built1960Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$1,651 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,604

Property Taxes

$46

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 227 Martin Luther King Jr Boulevard

Summary
Location and General Information
  • Community Features: None
  • Directions: USE GPS
  • Lake Name: None
  • View: Other
  • Coordinates: -85.252454, 34.004489
Taxes and HOA Information
  • Parcel Number: C21 218
  • Tax Year: 2023
  • Association: No
  • Block: 0
  • Tax Legal Description: LL 953
  • Tax Lot: 0
School Information
  • Elementary School: Northside - Polk
  • High School: Cedartown
  • Middle School: Cedartown
Parking
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Levels/Stories: One
  • Window Features: Double Pane Windows, Insulated Windows
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick Front, Vinyl Siding
  • Fencing: None
  • Roof Type: Composition
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Sewer Available,Water Available
  • Water Source: Public
Property and Assessments
  • Assumable: No
  • Home Warranty: No
  • Proposed Financing: 1031 Exchange, Cash, Conventional, FHA, VA Loan
  • Plat Book: 0
  • Plat Page: 0
  • Property Condition: Updated/Remodeled
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: Appliances
  • Green Energy Generation: None
Lot Information
  • Section/GMD: 0
  • Land lot: 0
  • Lot Features: Corner Lot, Level
  • Acreage Source: Public Records
Multi Family
Multi-Family Information
  • Unit Count: 2
  • NUM OF UNITS: 2
Income & Expenses Information
  • Gross Annual Income: $30,000.00
  • N.O.I. $: $26,000.00
  • Annual Expenses: $4,000.00
Unit 1
  • Unit Deposit Amount: $.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Dishwasher, Microwave, Range/Oven, Refrigerator, Smoke Alarm, Wash/Dry Connect
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: No
  • Unit Rent Amount: $1,250.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 2
  • Unit Deposit Amount: $.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Dishwasher, Range/Oven, Refrigerator, Smoke Alarm, Walk-In Closet, Wash/Dry Connect
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Vacant
  • Unit Water Included: No
  • Unit Rent Amount: $1,300.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Rental
Rent Information
  • Occupant Types: Tenant

Property History for 227 Martin Luther King Jr Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 227 Martin Luther King Jr Boulevard

Taxable ValueLand$440Additions$25,982Total$26,422
Tax Record2023$916 ($76 / month)
Home Facts
Beds4Baths2Total Finished SqFt2,025 SqFtAbove Grade Finished SqFt2,025 SqFtStories1Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1960Year Renovated1974CountyPOLKAPNC21-218-

Schools near 227 Martin Luther King Jr Boulevard

This home is within Polk County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - PK to 5
Public - 9 to 12
Rating
School
Distance
Northside Elementary School
PublicPK to 5

Harpst Academy
Public6 to 12

Westside Elementary School
PublicPK to 5

Cedartown High School
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

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227 Martin Luther King Jr Boulevard is a multi-family home for sale in Cedartown, GA 30125. This property was listed for sale on March 15, 2024 by Keller Williams Realty Intown ATL, it's currently listed at $294,000. It has been on the market for a total of 47 days and was last sold on September 15, 2022. This listing's school district is Polk County School District. Nearby schools include Northside Elementary School, Harpst Academy and Westside Elementary School. 227 Martin Luther King Jr Boulevard is a 4-bed, 2-bath, multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Intown ATL, Hersh Shah

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.