284 Newnan ST Active Save Request In-Person Tour Request Virtual Tour
Franklin,GA 30217
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10636222
Year Built 1910
Annual Tax Amount $1,165
Tax Year 24
Lot Size 1.450 Acres
Property Sub-Type Multi Family
Property Description
284 Newnan Street is a five-unit residential income property with four units already leased and producing consistent returns. Current gross monthly rent brings in roughly $4,000 per month. This property offers stable in-place income while leaving room for expansion. Each unit features separate water and gas meters, fresh interior paint, and updated appliances. The fifth unit is vacant and ready for renovation, providing a simple and immediate value-add opportunity that can push cash flow even higher. Located in a peaceful area of Franklin and close to town, this property could be a strong, long-term, income-producing real estate asset with dependable cash flow and room for future growth.
Location
State GA
County Heard
Interior
Heating Other
Cooling Window Unit(s)
Laundry In Unit
Exterior
Parking Features Attached
Community Features None
Utilities Available Sewer Connected
View Y/N No
Building
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Structure Type Brick,Wood Siding
New Construction No
Schools
Elementary Schools Heard County
Middle Schools Heard County
High Schools Heard County
Others
Special Listing Condition Resale