Griffin, GA 30223,724 Searcy AVE
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Griffin, GA 30223,724 Searcy AVE
Griffin, GA 30223,724 Searcy AVE
Griffin, GA 30223,724 Searcy AVE
Griffin, GA 30223,724 Searcy AVE
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Engel & Völkers Atlanta

Engel & Völkers Atlanta

+1(404) 845-7724
$ 500,000
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724 Searcy AVE Griffin, GA 30223

0.84 Acres Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Searcy

MLS Listing ID 10488477

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1960

Annual Tax Amount $1,185

Tax Year 2024

Lot Size 0.840 Acres

Acres 0.84

Lot Dimensions 36590.4

Property Sub-Type Multi Family

Property Description

Prime Multi-Family Investment Opportunity 712 & 724 Searcy Avenue, Griffin, GA Exceptional investment opportunity in Griffin, Georgia! These two adjacent properties, totaling 6.44 acres, feature nine buildings with significant income potential, making them ideal for investors or multi-generational living. Property Breakdown: 712 Searcy Avenue (5 buildings): 714A, 714B, 716 Three separate single-family homes. 712 Unfinished apartment currently used as a photography and recording studio. Easily convertible back to a rental unit (kitchen and bathroom connections available). 712A Large garage and workshop. 724 Searcy Avenue (4 buildings): 724 Main house, zoned for residential and commercial use (formerly a grocery store). 720A, 720B, 722 Three additional single-family homes. Key Features: Income Potential Approximate total monthly rental income of $8,400 across nine buildings. Turnkey & Renovated Seven units have been fully remodeled inside. Ample Parking Off-street parking and a garage with 18-20 spaces. Multi-Use Zoning One building is residential/commercial, offering potential business opportunities. Spacious & Versatile Ideal for an investor portfolio or a multi-generational family. Prime Location Close to schools, shopping, and local amenities, enhancing rental appeal. Exterior renovations are needed, providing a value-add opportunity for investors looking to increase equity. Don't miss out on this unique investment opportunity! Schedule a showing today.

Location

State GA

County Spalding

Rooms

Basement None

Interior

Heating Other

Cooling Ceiling Fan(s), Dual

Fireplace No

Exterior

Parking Features Off Street

Community Features None

Utilities Available Other

View Y/N No

Garage No

Private Pool No

Building

Faces I-75 South to exit 205 towards Griffin. Keep right, follow signs for Griffin/UGA Griffin. Merge onto GA-16 W. Turn right onto Rehoboth Road. Drive for about one mile. Turn right on Searcy Ave.

Sewer Septic Tank

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Futral Road

Middle Schools Rehoboth Road

High Schools Spalding

Others

HOA Fee Include None

Tax ID 127 06002

Special Listing Condition Resale


Georgia MLS - GAMLS

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+1(404) 845-7724

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724 Searcy AVE