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$500,000

Beds
Unknown
sq ft
Unknown

724 Searcy Ave, Griffin, GA 30223

724 Searcy Ave

Griffin, GA 30223

  • 6 days on market
Prime Multi-Family Investment Opportunity 712 & 724 Searcy Avenue, Griffin, GA Exceptional investment opportunity in Griffin, Georgia! These two adjacent properties, totaling 6.44 acres, feature nine buildings with significant income potential, making them ideal for investors or multi-generational living. Property Breakdown: 712 Searcy Avenue (5 buildings): 714A, 714B, 716 Three separate single-family homes. 712 Unfinished apartment currently used as a photography and recording studio. Easily convertible back to a rental unit (kitchen and bathroom connections available). 712A Large garage and workshop. 724 Searcy Avenue (4 buildings): 724 Main house, zoned for residential and commercial use (formerly a grocery store). 720A, 720B, 722 Three additional single-family homes. Key Features: Income Potential Approximate total monthly rental income of $8,400 across nine buildings. Turnkey & Renovated Seven units have been fully remodeled inside. Ample Parking Off-street parking and a garage with 18-20 spaces. Multi-Use Zoning One building is residential/commercial, offering potential business opportunities. Spacious & Versatile Ideal for an investor portfolio or a multi-generational family. Prime Location Close to schools, shopping, and local amenities, enhancing rental appeal. Exterior renovations are needed, providing a value-add opportunity for investors looking to increase equity. Don't miss out on this unique investment opportunity! Schedule a showing today.

Details

Property type

Lot size

0.84 acres

Price per sq ft

Unknown

Year built

1960

Annual property taxes

$1,185

HOA

No

Price History

04/03/2025
FMLS

FMLS #7549316

Listed
$500,000

Schools & Community

Elementary school: 

Futral Road

Middle school: 

Rehoboth Road

High school: 

Spalding

Community features: 

None

Status: Active

Tomo last checked: 04/03/2025 at 7:50 PM

Listing updated: 04/03/2025 at 3:55 PM

Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: FMLS #7549316

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