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Property profile & analytics

Powerhouse Rd Forsyth, GA 31029

  • Commercial real estate
  • 5,736 SF
  • 1.21 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for Powerhouse Rd

Year built
1980
Lot size
1.21 lot acres
Property size
5,736 SF
Property type
Commercial real estate

Description

This exceptional investment opportunity presents three duplexes totaling six units, all currently leased, located at 0 Powerhouse Road in Forsyth, Georgia. The property sits on a 1.21-acre lot and encompasses 5,736 square feet of well-maintained space. The convenient location offers easy access to downtown Forsyth, providing residents with proximity to local shops, restaurants, and amenities. Four of the six units boast two bedrooms and one bathroom, while the remaining two units offer the added convenience of two bedrooms and one and a half bathrooms. Each unit contributes to a consistent and reliable cash flow, making this an attractive proposition for investors seeking a stable return on their investment. The property's strong rental history and high occupancy rate demonstrate its potential for continued profitability. This multifamily property is ideally suited for investors looking to expand their portfolio with a turnkey, income-generating asset. Its location also presents an attractive option for owner-occupants seeking to live in one unit while generating rental income from the others. The charming small-town setting of Forsyth, coupled with its proximity to larger cities like Macon and Atlanta, offers a unique blend of peaceful living and convenient access to major metropolitan areas. This is a rare opportunity to acquire a well-maintained, fully rented multifamily property in a desirable location. The asking price is $595,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Forsyth
County
Monroe
State
Georgia
Longitude
-83.942
Latitude
33.0464
More about this property
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