116 Ivey Street
Richmond Hill, GA 31324
- 7 beds
- 3 baths
- 3,982 sqft
- 12,632 sqft lot
- $131 per sqft
- 1940 build
Exceptional Investment Opportunity –Richmond Hill Triplex w/ As Is Monthly rental potential $4395-good cash flow Seize this rare opportunity to own a well-maintained, income-producing triplex in the heart of Richmond Hill! This versatile property features two 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, offering ample living space for tenants. The seller has invested over $55,000 in recent upgrades, including new HVAC systems and plumbing enhancements, ensuring long-term reliability and added value. There’s also potential to further increase rental income and equity with additional updates, making this a savvy investment. Prime Location: Conveniently located near Highway 17 and I-95, tenants enjoy easy access to shopping, dining, and top-rated schools, making this property highly desirable. This is more than just an investment—it's a chance to own a piece of Richmond Hill’s rich history while securing strong rental income in one of Georgia’s most sought-after communities.
Last checked:
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Last updated Mar 21, 2025
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MLS# 327755 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1940
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# of Units Total:3
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Architectural Style:Bungalow
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Stories Total:1
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Basement:false
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Basement:None
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Patio And Porch Features:FrontPorch
Interior
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Laundry Features:WasherHookup,DryerHookup
Room Dimensions
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Living Area:3,982 Sqft
Financial & Terms
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Possession:Closing
Location
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Directions:From Ford Avenue, turn right onto Ivey Street and tri-plex is on the right.
The Property
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Property Type:ResidentialIncome
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Property Subtype:Triplex
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Property Subtype Additional:Triplex
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Property Attached:false
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Parcel Number:0532-141
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Zoning:CITY
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Lot Size Area:0.29
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Lot Size Acres:0.29
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Lot Size SqFt:12632.0
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Lot Size Units:Acres
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Waterfront:false
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Water Source:Public
Listing Agent
- Contact info:
- Agent phone:
- (912) 414-4103
- Office phone:
- (912) 298-7200
Taxes
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Tax Lot:26
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Tax Legal Description:LOT 26 R HILL VILLAGE PBB/227
Beds
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Bedrooms Total:7
Baths
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Full Baths:3
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Total Baths:3
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/sav/327755
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:Central,Electric
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Heating:true
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Cooling:CentralAir,Electric,Other,WindowUnits
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Cooling:true
Utilities
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Sewer:PublicSewer
Appliances
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Appliances:ElectricWaterHeater
The Community
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Subdivision Name:Richmond Hill
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Association:false
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Association Name 2:Daybreak PM LLC
Parking
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Parking Features:OffStreet,ParkingLot
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/19/25
Mar 19, 2025
|
Listed / Active | SMLC | $525,000 |
