$1,500,000

Single Family Residence In Greensboro

  • 8,712 Sqft lot
  • Updated: Today
  • Source:
    Georgia MLS  MLS#10849985

About the Property

Exceptional opportunity to acquire a 12-unit townhome portfolio in Greensboro consisting of two separate six-unit buildings! The community features spacious floor plans, long-term residents, and rents that are significantly below current market levels, creating substantial value-add potential for the next owner. Two of the 12 units have already been renovated, providing a strong starting point and
Exceptional opportunity to acquire a 12-unit townhome portfolio in Greensboro consisting of two separate six-unit buildings! The community features spacious floor plans, long-term residents, and rents that are significantly below current market levels, creating substantial value-add potential for the next owner. Two of the 12 units have already been renovated, providing a strong starting point and an opportunity to continue improving the remaining units over time. Major exterior improvements have already been completed, including new roofs, complete exterior painting, siding and fascia repairs, replacement of damaged wood, updated gutters, exterior LED lighting, pressure washing, landscaping, tree trimming, and a resealed and restriped parking area. An HOA has been established to support the long-term maintenance of the community, and utilities are separately metered and paid directly by residents. The units are individually platted, providing future flexibility to operate the property as a rental portfolio or renovate and sell units individually. The seller will consider offers for the entire 12-unit portfolio or for either six-unit building separately. Two duplexes within the same area are also available for purchase, creating an opportunity to acquire additional units. With significant exterior capital improvements completed and multiple paths to create value, this is a rare opportunity to acquire a sizable multifamily investment at an affordable basis near Lake Oconee. Tours and additional property details are available upon request.
  • Property type

    House

  • Year built

    1975

Features

  • Duplex
  • Investment Property
  • Renovated
  • Parking
  • Balcony
  • Stone Countertops
  • Garden
  • Walk In Closet

Explore the Area

1071 Heritage DR, Greensboro, Georgia, United States View on Google Maps
Price per sqft
Low
High

View 325 more listings in Greensboro

Cornerstone Real Estate Partners - Atlanta

Joined 12 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Cornerstone Real Estate Partners - Atlanta
Georgia, United States
View agency profile
4
Listings
2025
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Cornerstone Real Estate Partners - Atlanta
Atlanta, Georgia, United States
View agency profile
Last updated
Today
First listed
September 22
Listing reference
10849985
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference 10849985, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with