712 Searcy Avenue
Griffin, GA 30223
5.60 acres | #7549409
Description
Prime Multi-Family Investment Opportunity 712 & 724 Searcy Avenue, Griffin, GA
Exceptional investment opportunity in Griffin, Georgia! These two adjacent properties, totaling 6.44 acres, feature nine buildings with significant income potential, making them ideal for investors or multi-generational living.
Property Breakdown:
712 Searcy Avenue (5 buildings):
714A, 714B, 716 Three separate single-family homes.
712 Unfinished apartment currently used as a photography and recording studio. Easily convertible back to a rental unit (kitchen and bathroom connections available).
712A Large garage and workshop.
724 Searcy Avenue (4 buildings):
724 Main house, zoned for residential and commercial use (formerly a grocery store).
720A, 720B, 722 Three additional single-family homes.
Key Features:
Income Potential
Approximate total monthly rental income of $8,400 across nine buildings.
Turnkey & Renovated
Seven units have been fully remodeled inside.
Ample Parking
Off-street parking and a garage with 18-20 spaces.
Multi-Use Zoning
One building is residential/commercial, offering potential business opportunities.
Spacious & Versatile
Ideal for an investor portfolio or a multi-generational family.
Prime Location
Close to schools, shopping, and local amenities, enhancing rental appeal.
Exterior renovations are needed, providing a value-add opportunity for investors looking to increase equity.
Don't miss out on this unique investment opportunity! Schedule a showing today.
Property Details
- Utility FeaturesCable Available, Electricity Available, Phone Available, Water Available
- Parking FeaturesDetached, Garage, Level Driveway
- Lot DescriptionLevel, Private
- SubdivisionHuckaby Estate
- Middle SchoolRehoboth Road
- CountySpalding - GA
- ViewNeighborhood
- Sewer InformationSeptic Tank
- Elementary SchoolFutral Road
- Property TypePurchase
- High SchoolSpalding
- Original List Price$600,000
- MLS #7549409
- MLS #7549409
- Parking TypeGarage
- Utility SourcePublic
- Taxes Annual$1,731
- Cost600000
- Property ConditionResale
- Property SubtypeOther
- Year Built1940
- Acres5.6
Location
Legal
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Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: MARK SPAIN (#SPAINM)
Listing Office: Mark Spain Real Estate (#MSRE01)
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