233 MLK JR DR, Ashburn, GA 31714
233 MLK JR DR, Ashburn, GA 31714
233 MLK JR DR, Ashburn, GA 31714
233 MLK JR DR, Ashburn, GA 31714
233 MLK JR DR, Ashburn, GA 31714
233 MLK JR DR, Ashburn, GA 31714
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$140,000

$165,000

15.2%
Est.Price: ?

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Est. payment /mo

0.34 Acres Lot


SOLD DATE : 06/01/2026

Key Details

Sold Price $140,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10709359

Year Built 1985

Annual Tax Amount $400

Tax Year 2025

Lot Size 0.340 Acres

Property Sub-Type Multi Family

Property Description

5-Property Rental Portfolio - four homes and vacant lot to build on. Current rents total $2,400 per month ($28,800 annually), reflecting gross cap rate of 17%+. Cap rate is based on current rents and does not include expenses. Rent roll available upon request. Excellent opportunity to acquire a cash-flowing investment portfolio consisting of four tenant-occupied homes plus an additional vacant lot with future development potential.

Location

State GA

County Turner

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Off Street

Community Features None

Utilities Available Electricity Individual Meters

View Y/N No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block

New Construction No

Schools

Elementary Schools Other

Middle Schools Other

High Schools Turner

Others

Special Listing Condition Resale

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Santia Fox
Santia Fox

Agent | License ID: 378859

+1(678) 983-2679

2911 Piedmont Rd NE, Atlanta, GA, 30305-2783, USA

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