This unique investment opportunity of 3 fully occupied duplexes offers immediate cash flow from the moment of acquisition! Properties have been meticulously maintained and are just a 20 minute drive from Covington, Georgia. Properties are located in a thriving, high rental demand area and provide stable income. They also have potential for increased revenue through rent adjustments.
The median home value in Newborn, GA is $486,950. This is higher than the county median home value of $273,900. The national median home value is $338,100. The average price of homes sold in Newborn, GA is $486,950. Approximately 66.97% of Newborn homes are owned, compared to 17.74% rented, while 15.29% are vacant. Newborn 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 Newborn real estate agent to arrange a tour today!
Newborn, Georgia has a population of 795. Newborn is more family-centric than the surrounding county with 35.62% of the households containing married families with children. The county average for households married with children is 31.02%.
The median household income in Newborn, Georgia is $58,512. The median household income for the surrounding county is $64,767 compared to the national median of $69,021. The median age of people living in Newborn is 39.9 years.
The average high temperature in July is 91.2 degrees, with an average low temperature in January of 30.2 degrees. The average rainfall is approximately 47.8 inches per year, with 0.6 inches of snow per year.