3867 Harrington Street
Lyons, GA 30436
- 3 beds
- 1.5 baths
- 3,312 sqft
- 7,405 sqft lot
- $32 per sqft
- 1938 build
- – on site
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.
Last checked:
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Last updated Dec 18, 2024
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MLS# 10428810 —
The Building
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Year Built:1938
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Construction Materials:Other
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Architectural Style:Ranch
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Structure Type:House
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Roof:Metal
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Levels:One
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Basement:None
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Total Finished Area:3312
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Above Grade Finished:3312
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Living Area Source:Public Records
Interior
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Rooms:Other
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Interior Features:Other
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Flooring:Other
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Total Fireplaces:1
Financial & Terms
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Home Warranty:No
Location
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Latitude:32.35849
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Longitude:-82.314028
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Resale
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Lot Features:None
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Lot Size Acres:0.17
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Lot Size Source:Public Records
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Parcel Number:OP1 049
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Leased Land:No
Listing Agent
- Contact info:
- Agent phone:
- (470) 509-3301
- Office phone:
- (470) 509-3301
Taxes
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Tax Year:2023
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Tax Annual Amount:$989.96
Beds
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Bedrooms:3
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Bed Main:3
Baths
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Full Baths:1
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Main Level Full Baths:1
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Half Baths:1
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Main Half Baths:1
Heating & Cooling
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Heating:None
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Cooling:None
Utilities
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Utilities:None
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Sewer:Septic Tank
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Water Source:Private
Appliances
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Appliances:Disposal, Dryer, Microwave, Oven/Range (Combo), Refrigerator, Washer
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Laundry Features:None
Schools
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Elementary School:Swainsboro Primary/Elementary
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Middle School:Swainsboro
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High School:Swainsboro
The Community
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Subdivision:None
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Community Features:None
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Association:No
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Association Fee Includes:None
Parking
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Parking Features:None
Monthly cost estimate
Asking price
$107,999
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$578
|
| Taxes | $82 |
| Insurance | $29 |
| Utilities | $242 See report |
| Total | $931/mo.* |
| *This is an estimate |
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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
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 |
|---|---|---|---|---|
|
12/18/24
Dec 18, 2024
|
Listed / Active | GAMLS | $107,999 |
