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$107,999

Beds
3
Baths
1.5
sq ft
3,312

3867 Harrington St, Lyons, GA 30436

3867 Harrington St

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 that together generate $6,000 monthly income through Airbnb and Vrbo, with the potential to further boost earnings once this property is renovated. Perfect for investors looking for immediate returns and long-term growth. This is the largest property in the portfolio and it features 3 bedrooms and 1.5 bathrooms after renovations. While it is the only home in need of renovations, it has the unique potential to be converted into 2 separate units, which could double its income. The remaining three properties are adjacent homes located at 102 NE Railroad, 104 NE Railroad, and 106 NE Railroad and they each feature 2 bedrooms and 1 bathroom 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. This excludes additional personal rentals as well. This 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

Single Family Residence

Lot size

7,405 sq ft

Price per sq ft

$33

Year built

1938

Annual property taxes

$989.96

Price History

12/18/2024
GeorgiaMLS

GeorgiaMLS #10428810

Listed
$107,999

Schools & Community

Elementary school: 

Swainsboro Primary/Elementary

Middle school: 

Swainsboro

High school: 

Swainsboro

Community features: 

None

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104 NE Railroad Ave, Lyons, GA 30436

Status: Active

Tomo last checked: 12/25/2024 at 8:10 AM

Listing updated: 12/18/2024 at 5:37 PM

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

MLS: GeorgiaMLS #10428810

GeorgiaMLS logo

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