Heather Bledsoe
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41 Victoria Street, Commerce, GA 30565

$229,900
  • 41 Victoria Street, Commerce, GA 30565 Main Photo

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New to the Market Price Change
BEDS0 BATHS MLS#10839655
STATUSPrice Change PROPERTY TYPEMulti Unit - Multiple NEIGHBORHOODCommerce

Property Description

Great opportunity to own an easy-to-maintain duplex in the Downtown area of Commerce, GA, with strong rental upside and a practical value-add strategy. Each unit offers 2 bedrooms and 1 bathroom, and both units are currently under-rented. Based on the current condition and local rental demand, each unit should be capable of renting for $1,000+ per month as-is, providing an investor with immediate potential to increase cash flow. The lower unit is already in good condition, making this an excellent opportunity to keep income coming in while focusing improvements on the other half of the property. The tenants are on a month to month lease basis. An investor could potentially retain the existing tenant while updating the second unit, then lease the improved unit at a higher market rent. There are some things like flooring and paint that might increase the rent for the downstairs unit after updating the top floor. The property has several features that make it a relatively straightforward investment, Public water and SEWER. The roof that is not old and one HVAC system and water heater were replaced in recent years. Both units offer additional value-add potential without requiring an extensive repositioning of the entire property. Commerce provides a large and diverse tenant pool, with convenient access to employment, schools, shopping, and major transportation routes. The duplex is well located for easy access to downtown Commerce, local schools, Tanger Outlets, I-85, and other area amenities.

41 Victoria Street | MLS# 10839655

This multi-family property located at 41 Victoria Street, Commerce, GA 30565 is currently listed for sale with an asking price of $229,900. Search Commerce real estate on heatherbledsoe.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Cooling: Central Air, Electric
Garage: 4
Heating: Electric, Heat Pump
Lot Size: 0.18 Acres
Stories: 2.0
Taxes: $2,236
Year Built: 1942

Feature Descriptions

Exterior: Wood Siding
Foundation: Slab
Parking Notes: Off Street
Sewer: Public Sewer
Units: 1
Utilities: Underground Utilities
Water: Public

Local Schools

High School: Commerce
Middle School: Commerce
Elementary School: Commerce

Listed By / Shown By

Listed By

Agency Name: Greater Athens Properties
Agency Phone: 706-510-5189

Shown By

Agent Name: Heather Bledsoe
Agent Phone: (770) 900-2868
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: GAMLS

Estimate Your Payment

Estimated Payment

$ 765.05 per month $511.66 Principal & Interest $186.33 Property Tax $67.05 Homeowner's Insurance

Change Payment Information

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