Great investment opportunity. All systems and condition unknown to seller or agent. Seller has never lived in the property. Sold AS-IS, WHERE IS. No Seller concessions will be paid. No contingencies accepted. This duplex property is a great investment located in Georgiana, AL and only minutes away to the interstate, downtown Georgiana. Each side has two bedrooms and one bath. After fixing up the units and getting them rent ready, you could receive rent as much as $600 per month and/or place home under the Section 8 program and have the government guarantee your rental income. Act quickly to add this property to your rental portfolio. There is an additional parcel (1708271001037000) MLS# 563538 that is being sold along with this property. This parcel contains a residence, however, it is far from repair and can be demolished.
The median home value in Georgiana, AL is $92,000. This is lower than the county median home value of $94,700. The national median home value is $338,100. The average price of homes sold in Georgiana, AL is $92,000. Approximately 37.69% of Georgiana homes are owned, compared to 23.03% rented, while 39.29% are vacant. Georgiana real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Georgiana real estate agent to arrange a tour today!
Georgiana, Alabama has a population of 1,374. Georgiana is more family-centric than the surrounding county with 31.68% of the households containing married families with children. The county average for households married with children is 23.74%.
The median household income in Georgiana, Alabama is $29,750. The median household income for the surrounding county is $45,236 compared to the national median of $69,021. The median age of people living in Georgiana is 43.9 years.
The average high temperature in July is 90.9 degrees, with an average low temperature in January of 34.8 degrees. The average rainfall is approximately 59.1 inches per year, with 0.1 inches of snow per year.