Unlock the potential of this unique investment opportunity in the heart of Pelham! Situated on just over a half-acre within the city limits, this income-producing property includes a 3-bedroom, 1-bath home plus an additional buildable lot, offering investors multiple paths for future growth. The home is currently tenant-occupied, providing immediate rental income, with opportunity to increase returns through future rent adjustments. The adjoining lot adds significant value and flexibility, whether for future development, resale, additional rental housing, or long-term investment purposes. Conveniently located approximately 30 minutes from Thomasville and one hour from Tallahassee, FL, this property offers easy access to regional employment, shopping, and amenities while maintaining the appeal of small-town living. Looking to expand your portfolio even further? This property can be purchased individually or as part of a package with two additional investment properties available at 194 Mitchell Street and 525 Love Street, Pelham GA, for more details. Opportunities that combine current income with future development potential are hard to find—don't miss this versatile investment asset.
42 days
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129
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2
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Zillow last checked:
Listing updated:
Listed by:
Bobbie James,
C21 Avenues Real Estate Partners
Source: TABRMLS,MLS#: 928893
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Cooling
Window Unit(s)
Appliances
Included: Refrigerator
Features
Has basement: No
Interior area
Total structure area: 1,054
Total interior livable area: 1,054 sqft
Property
Parking
Parking features: Dirt Drive, Gravel Drive, 2 Car
Has uncovered spaces: Yes
Features
Levels: One
Patio & porch: Porch, Screened
Lot
Size: 0.64 Acres
Dimensions: 144 x 153 x 141 x 150
Features: Grass, Near Schools
Details
Zoning: R3
Construction
Type & style
Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence
Materials
Vinyl Siding
Foundation: Crawl Space
Roof: Metal
Condition
Year built: 1950
Utilities & green energy
Water: Water Connected
Utilities for property: Garbage Pick Up, Sewer Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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