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$107,999

Est. payment - /mo

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3 BD

1.5 BA

3,312 SqFt

Active

3867 Harrington Lyons, GA 30436

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Sarah Coleman

sarah@colemansoldit.com +1(770) 876-5578

UPDATED:

01/01/2025 06:09 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,312 sqft

Price per Sqft $32

MLS Listing ID 10428810

Style Ranch

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1938

Annual Tax Amount $989

Tax Year 2023

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 7405.2

Property Sub-Type Single Family Residence

Property Description

Investor Opportunity: Portfolio of 4 Income-Generating Properties in Lyons, GA! This exceptional opportunity offers a portfolio of 4 income-producing properties that together generate $6,000 monthly income through Airbnb and Vrbo, with the potential to further boost earnings once this property is renovated. Perfect for investors looking for immediate returns and long-term growth. This is the largest property in the portfolio and it features 3 bedrooms and 1.5 bathrooms after renovations. While it is the only home in need of renovations, it has the unique potential to be converted into 2 separate units, which could double its income. The remaining three properties are adjacent homes located at 102 NE Railroad, 104 NE Railroad, and 106 NE Railroad and they each feature 2 bedrooms and 1 bathroom Financially, this portfolio has proven performance. In 2024, the total gross profit from Airbnb, Vrbo, and rental income reached $72,200, resulting in a net yearly profit of over $62,000 after expenses. This excludes additional personal rentals as well. This portfolio maintains high occupancy rates due to its strategic location near local factories just 15 minutes away, as well as popular hunting grounds in the area. With minimal competition, these properties have established themselves as well-performing short-term rentals. All homes are sold turn-key, providing a seamless transition and the opportunity to start earning income immediately. Profit and loss statements, along with the reservations list, can be provided upon request. Don't miss the chance to acquire all four properties for just $449,999 and capitalize on this high-performing investment with significant growth potential.

Location

State GA

County Emanuel

Rooms

Basement None

Interior

Interior Features Other

Heating None

Cooling None

Flooring Other

Fireplaces Number 1

Fireplace Yes

Appliance Disposal, Dryer, Microwave, Oven/Range (Combo), Refrigerator, Washer

Laundry None

Exterior

Parking Features None

Community Features None

Utilities Available None

View Y/N No

Roof Type Metal

Garage No

Private Pool No

Building

Lot Description None

Faces Use GPS

Sewer Septic Tank

Water Private

Structure Type Other

New Construction No

Schools

Elementary Schools Swainsboro Primary/Elementary

Middle Schools Swainsboro

High Schools Swainsboro

Others

HOA Fee Include None

Tax ID OP1 049

Special Listing Condition Resale

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Sarah Coleman

Agent | License ID: 371407

+1(770) 876-5578

3867 Harrington Lyons, GA 30436

Sarah Coleman

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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