Attention investors! This is a fantastic opportunity to build your portfolio with a TURNKEY BUSINESS! 20-unit apartment complex that is 100% occupied and generating steady income. The complex features two-bedroom, one-bathroom units that are all located on the ground level, ensuring maximum convenience for your tenants. The seller is committed to maintaning the property and it reflects in the condition of each unit. Recent updates include exterior & interior painting and the roof is only 5 years old. Outside, each unit is an open patio area that is perfect for relaxation. The complex is conveniently located to the downtown area, making it a highly desirable location for renters. Green space located just across from the complex, offers a peaceful and serene environment that your tenants are sure to love. Don't miss out on this amazing investment opportunity!
Sold for $935,000
$935,000
414 W Mercer Ave, Albany, GA 31701
40beds
14,552sqft
Duplex/Quad/Multi-Unit
Built in 1977
-- sqft lot
$1,110,700 Zestimate®
$64/sqft
$823 Estimated rent
Home value
$1,110,700
$877,000 - $1.39M
$823/mo
Zestimate® history
Owner options
List your home for rent
$823/mo
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$823/mo
Rent Zestimate®
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$6,079/mo
Est. payment
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$6,079/mo
Est. payment
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List your homeWhat's special
Green spaceOpen patio area
Zillow last checked:
Listing updated:
Listed by:
Cindy G Martins,
HRP Realty, LLC
Bought with:
Bradly Bunce
KELLER WILLIAMS REALTY GEORGIA COMMUNITIES
Source: SWGMLS,MLS#: 153382
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 40
- Bathrooms: 20
- Full bathrooms: 20
Heating
- Heat: Central Electric
Cooling
- A/C: Central Electric
Appliances
- Included: Other-See Remarks
Features
- Newly Painted, Open Floorplan, Other Walls See Remarks
- Flooring: Carpet, Other-See Remarks
- Windows: Mini Blinds
- Has fireplace: No
Interior area
- Total structure area: 14,552
- Total interior livable area: 14,552 sqft
Property
Parking
- Parking features: Parking Pad, Spaces
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Patio Open, Porch Covered
- Waterfront features: None
Lot
- Size: 1.55 Acres
Details
- Parcel number: 0000E/00022/032
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex/Quad/Multi-Unit
- Attached to another structure: Yes
Materials
- Other, Wood Trim
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1977
Utilities & green energy
- Electric: Albany Utilities
- Sewer: Albany Utilities
- Water: Albany Utilities
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Albany
- Subdivision: Other
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Investor
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2024 | Sold | $935,000-6%$64/sqft |
Source: SWGMLS #153382 Report a problem | ||
| 2/16/2024 | Pending sale | $995,000$68/sqft |
Source: SWGMLS #153382 Report a problem | ||
| 2/9/2024 | Price change | $995,000-13.5%$68/sqft |
Source: SWGMLS #153382 Report a problem | ||
| 1/12/2024 | Price change | $1,150,000-8%$79/sqft |
Source: SWGMLS #153382 Report a problem | ||
| 12/26/2023 | Listed for sale | $1,250,000$86/sqft |
Source: SWGMLS #153382 Report a problem | ||
| 10/29/2023 | Listing removed | -- |
Source: SWGMLS #153382 Report a problem | ||
| 10/29/2023 | Pending sale | $1,250,000$86/sqft |
Source: SWGMLS #153382 Report a problem | ||
| 7/20/2023 | Listed for sale | $1,250,000$86/sqft |
Source: SWGMLS #153382 Report a problem | ||
| 6/21/2023 | Listing removed | -- |
Source: SWGMLS #153382 Report a problem | ||
| 6/21/2023 | Pending sale | $1,250,000$86/sqft |
Source: SWGMLS #153382 Report a problem | ||
| 5/5/2023 | Listed for sale | $1,250,000$86/sqft |
Source: SWGMLS #153382 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 31701
Nearby schools
GreatSchools rating
- 5/10Alice Coachman Elementary SchoolGrades: PK-5Distance: 2.4 mi
- 3/10Radium Springs Middle SchoolGrades: 6-8Distance: 4 mi
- 2/10Monroe High SchoolGrades: 9-12Distance: 1.1 mi
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- Georgia
- Dougherty County
- Albany
- 31701
- 414 W Mercer Ave
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