Listing

* Wayne - Seventh
Adel, GA MLS: 144575

Price: $150,953

Status: Active

Bedrooms: 3

Full Bathrooms: 2

Living Area Sq Ft: 1992

Days on MLS: 4

Pool: None

Acres: 0.46

Price Per Sq Ft: $75.78

Taxes: $1300

Subdivision: Adel

Parking: 3+ Cars,Driveway,

Source: South Georgia MLS

Listing Last Updated: 04-21-2025 04:04

IDX Listing Data Update Time: 04-23-2025 07:04

Property Description:

Bite-sized investment opportunity to buy two single-family rental homes in small but mighty town of Adel / Cook County GA. 309 Wayne Street E is a 3 bedroom / 1 bath home rented to a long term tenant at $850/month. 729 Seventh Street W is also a 3 bedroom / 1 bathroom currently being turned and will be rent-ready by 05/01/2025 advertised as available for $795/month. Priced at only $75/sq ft at an 8.5% capitalization rate with 35% operating expense factor!!! This 2 home package is part of a larger portfolio of 25 similar single family homes listed together as MLS # 143376 and can be bought alone or with combinations of other packages broken out of the 25 total homes listed FOR SALE. See MLS #s 144574, 144577, 144579, 144580, 144581, & 144582 for smaller packages.