tomo logo

$113,999

Beds
2
Baths
1.0
sq ft
910

106 NE Railroad Ave, Lyons, GA 30436

106 NE Railroad Ave

Lyons, GA 30436

  • 7 days on market
Investor Opportunity: Portfolio of 4 Income-Generating Properties in Lyons, GA. This exceptional opportunity offers a portfolio of 4 income-producing properties. Together they generate $6,000 monthly income through Airbnb and Vrbo with the potential to further boost earnings once 3867 Harrington is renovated. Perfect for investors looking for immediate returns and long-term growth. This house features 2 bedrooms and 1 bathroom. The remaining three properties are adjacent homes located at 102 NE Railroad, 104 NE Railroad, and 3867 Harrington St. 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. The 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.

Details

Property type

Cabin

Lot size

3,485 sq ft

Price per sq ft

$126

Year built

1985

Annual property taxes

$270.52

Price History

12/18/2024
GeorgiaMLS

GeorgiaMLS #10428815

Listed
$113,999

Schools & Community

Elementary school: 

Swainsboro Primary/Elementary

Middle school: 

Swainsboro

High school: 

Swainsboro

Community features: 

None

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House

3867 Harrington St, Lyons, GA 30436

Status: Active

Tomo last checked: 12/25/2024 at 12:30 AM

Listing updated: 12/18/2024 at 5:47 PM

Listed by: Sharice McKinney, 1st Class Real Estate Premier

MLS: GeorgiaMLS #10428815

GeorgiaMLS logo

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