104 Pier Point, Griffin, GA 30223

$184,000

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List Price
$184,000
MLS#
7780271
Status
ACTIVE
Type
Multifamily
Subtype
Other
Lot Size
0.2
Subdivision
Waterford On Ellis

Property Description

NO SELLER FINANCING!!! Currently leased at $1,250 per month, generating $15,000 in annual rental income. The property offers an estimated annual return of approximately 5.59% with 1,320 sqft. One month Security Deposit is paid by tenant. Exceptional Investment Opportunity in Griffin, GA! — *** Multiple Griffin properties are available as a bundle sale, providing an attractive opportunity for investors looking to expand their rental portfolio in the area.*** A well-positioned single-family home located at 104 Pier Pt, Griffin, GA 30223, this property offers strong rental appeal and long-term investment potential. It is situated in an established residential area with convenient access to local shopping, grocery stores, restaurants, schools, and major roadways connecting to South Atlanta and the broader Atlanta metro area. Griffin continues to attract tenants seeking affordability, suburban comfort, and convenient access to regional employment hubs. With its desirable location, practical layout, and strong rent-to-price potential, this property presents a compelling turnkey investment opportunity for buyers seeking consistent cash flow, stable tenant demand, and future appreciation potential. Please contact our agent for more details.

Additional Information

Stories
One
Construction
Other
Year Built
1994
Neighborhood Amenities
None
Roof
Composition
Lot Dimensions
123 x 71
Parking
Driveway
Lot Desc
Other
Water
Other
Sewer
Other
Elementary School
Cowan Road
Middle School
Cowan Road
High School
Griffin
Acres
0.20
Annual Expenses
4715
Levels
One
Gross Income
15000
Net Operating Income
$10,285
Taxes
$2,725

Listing courtesy of Wepartner Realty, LLC..

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