Great opportunity for consistent rental income and potential future development as commercial property! This charming home, built in 1900, is situated on a convenient corner lot and currently features three rental units, all with long-term month-to-month tenants. Each unit boasts its own unique character: two are located on the ground floor, while the third is on the second floor. Unit #1 features high ceilings, a study, a kitchen with a breakfast room, a second bedroom, a full bath, and a dedicated laundry room. Unit #2 includes a living room, a galley kitchen, a primary and a secondary bedroom, and a full bath, sharing a laundry room with Unit #3. Unit #3, located on the second floor, offers a primary and a secondary bedroom, a dining room, a kitchen, a full bath, and both front and rear stairways, while also sharing the laundry room with Unit #2. The property has ample parking and a covered carport for Unit #1. Its prime location provides easy access to shopping, schools, and more in Loganville. With a planned medical facility across the street, this property could generate steady rental income for future employees or be converted to commercial use.
The median home value in Loganville, GA is $400,000. This is higher than the county median home value of $333,200. The national median home value is $338,100. The average price of homes sold in Loganville, GA is $400,000. Approximately 61.37% of Loganville homes are owned, compared to 29.53% rented, while 9.11% are vacant. Loganville 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 Loganville real estate agent to arrange a tour today!
Loganville, Georgia has a population of 13,810. Loganville is more family-centric than the surrounding county with 36.73% of the households containing married families with children. The county average for households married with children is 32.38%.
The median household income in Loganville, Georgia is $72,820. The median household income for the surrounding county is $71,692 compared to the national median of $69,021. The median age of people living in Loganville is 35.2 years.
The average high temperature in July is 90.2 degrees, with an average low temperature in January of 31.3 degrees. The average rainfall is approximately 49 inches per year, with 0.7 inches of snow per year.