Powerhouse Rd Forsyth, GA 31029
- Commercial real estate
- 5,736 SF
- 1.21 lot acres
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
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Forsyth
- County
- Monroe
- State
- Georgia
- Longitude
- -83.942
- Latitude
- 33.0464