$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 #10428810
Listed
$107,999
Schools & Community
Elementary school:
Swainsboro Primary/Elementary
Middle school:
Swainsboro
High school:
Swainsboro
Community features: None
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
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