Listing Courtesy of: Sharice McKinney - 1st Class Real Estate Premier 4705093301

3867 Harrington Street Lyons, GA 30436

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Single Family Residence
3 Beds
2 Baths
3,312 Sq. Ft.
0.17 Acre Lot

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Last updated on 12/30/2024 8:19 AM
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 re...novated. 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. Continue reading
MLS#
10428810
Property Type
Single Family
Bedrooms
3
Bathrooms
1 Full/1 Half
Year Built
1938
Square Feet
3,312 sq. ft
Lot Size
0.17
Stories
1.0
Sewer
Holding Tank

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Listing Courtesy of: Sharice McKinney - 1st Class Real Estate Premier 4705093301
Andrea D. Conner, License 367751, Xome Inc., License 65656, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Georgia MLS. All rights reserved.
This content last refreshed on 12/30/2024 8:19 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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