227 Martin Luther King Jr Boulevard Cedartown, GA ^$ 294,000

227 Martin Luther King Jr Boulevard

^$ 294,000

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227 Martin Luther King Jr Boulevard

Cedartown, GA, 30125

^$ 294,000

Bedrooms2 Baths2.0

Monthly Estimate*

^$ 1,954

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Multi-Family Home for sale in Cedartown, GA

for $294,000 with 2 bedrooms and 2 full baths. This home was built in 1960 on a lot size of 0.2.

Welcome to your dream investment opportunity! This stunning duplex property is a cash flow-producing powerhouse that will leave you in awe. Situated on a corner lot, this recently renovated duplex boasts two spacious 2-bedroom, 1-bathroom units on each side. Unit 229 also features a sunroom allowing the resident of this unit to sip their morning coffee as the world wakes up around them. All mechanicals are just over 1 year old and the roof is relatively new ensuring you won't have large expenses for years to come! Investors seeking a cash flow producing duplex will find their dreams coming true in this property. Schedule a private tour with us and don’t miss out on this incredible investment opportunity. Gross rents are $2,400/mo.

Multi-Family Active

Price

^$ 294,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 557

Style

Duplex

Lot Size

0.2

Year Built

1960

Town/City

Cedartown

County/Region

Polk

MLS | Web ID

7352089

Features

General

Sewer Public Sewer

Heating Central Electric

Cooling Ceiling Fan(s) Central Air

Utilities Cable Available Electricity Available Sewer Available Water Available

Possession Close Of Escrow

Roof Composition

Security Features None

Construction Materials Brick Front Vinyl Siding

Year Built 1960

View Other

Levels One

Property SubType Duplex

Tax Year 2023

Gross Income 30000

Waterfront Features N

Community Features None

Accessibility None

County Polk - GA

Net Operating Income 26000

Operating Expense 4000

Property Type Residential Income

HOA / Comm Assn No

Energy Efficient Appliances

Subdivision Name None

Green Energy Generation None

Status Active

Directions USE GPS

High School Cedartown

City Cedartown

Body of Water None

Total Units 2

Street Name Martin Luther King Jr

Elementary School Northside - Polk

Property Attached Y/N No

Tax Annual Amount 557

Home Warranty Y/N No

Middle/Junior High School Cedartown

Property Condition Updated/Remodeled

Days on Market 68

Standard Status Active

Occupancy Type Tenant

Tax Lot 0

Legal Description LL 953

Exterior

Fencing None

Parking Features Driveway

Lot Features Corner Lot Level

Water Source Public

Lot Dimensions x

Lot Size Acres 0.2

Lot Size Source Public Records

Open Parking Y/N Yes

Interior

Window Features Double Pane Windows Insulated Windows

Street Suffix Boulevard

Total Baths 0

Internal Only

Street Number 1 227

* Excluded Features

List By

Hersh Shah

Listing Agent

Keller Williams Realty Intown Atl

Broker

Hersh@HershShahGroup.com

Affordability Calculator

$2,000

Per Month

Monthly Principal & Interest: $1,954
Monthly Property Taxes: $46
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Cedartown, GA

Average List Price ^$367,650

Percent of Sale Price 25%

About Cedartown, GA

10,412 Population

2% Since 2002

^$37,318 Median Income

34.61 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1927568 Elementary School

1928751 Middle School

Cedartown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/18/2024	$294,000	-1.01%	Price Down
3/15/2024	$297,000		Listed Price

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227 Martin Luther King Jr Boulevard, Cedartown, GA, 30125 is a Multi-Family Home for sale at $294,000 with a lot size of 0.2. 227 Martin Luther King Jr Boulevard has 2 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 30125 which is in Cedartown, GA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024 First Multiple Listing Service, Inc.

Information is deemed reliable but is not guaranteed accurate by the MLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Market Pricing and get the Facts about - are provided by On-Board Data Systems

Techinical Entity for providing IDX functionality is Weichert Lead Network - wlnhelp@wlninc.com

Data is updated as of 6/2/2024.

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227 Martin Luther King Jr Boulevard

Multi-Family Home for sale in Cedartown, GA

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