1103 6Th Ave Albany, GA 31707

This exceptional investment opportunity in Albany, Georgia, comprises three single-family rental properties totaling 2,580 square feet and offering 3,540 net rentable square feet. The portfolio includes one duplex and two single-family homes, all situated on separate lots. The properties boast a 100% occupancy rate, generating a substantial net operating income (NOI) of $18,000 annually, resulting in an attractive 11.61% capitalization rate. Built in 1942, these Class C properties are zoned RES and represent a stabilized investment. The asking price is $155,000, translating to $60.08 per square foot and $38,750 per unit. Individual rental income includes a duplex with two units renting at $200 per month each, one property renting for $450 per month, and another renting for $650 per month. This portfolio presents a compelling opportunity for investors seeking strong cash flow and a stable return in a desirable location. The properties are located at 1103 6th Ave, Albany, GA 31707, within Dougherty County.