900 9Th St Griffin, GA 30223
- Commercial real estate
- 0.33 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 900 9Th St
- Year built
- 1997
- Lot size
- 0.33 lot acres
- Property type
- Commercial real estate
- APN
- 002 20001, 002 20002, & 002 20003
Description
This exceptional investment opportunity presents three well-maintained, side-by-side apartment units located at 900, 902, and 904 N 9th St, Griffin, Georgia, 30223. The property, built in 1997, sits on a 0.33-acre lot and features three identical units, each boasting three bedrooms and one bathroom. Currently, each unit rents for $655 per month, generating a substantial monthly income stream. All units feature good roofs and are in good condition. The property's Assessed Parcel Numbers (APNs) are 002 20001, 002 20002, and 002 20003. Tenants are on month-to-month agreements, providing the new owner with the flexibility to adjust rental rates to market value. Long-term tenants have occupied the units for several years. Interior viewings are available during the due diligence period. The asking price for this multifamily property is $357,000. This is a rare chance to acquire a stable, income-producing asset in a desirable location. Don't miss this opportunity to add a valuable property to your portfolio.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Griffin
- County
- Spalding
- State
- Georgia
- Longitude
- -84.2668709
- Latitude
- 33.2624068