724 Searcy AVE Griffin, GA 30223
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Searcy
MLS Listing ID 7549316
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1960
Annual Tax Amount $1,185
Tax Year 2024
Lot Size 0.840 Acres
Acres 0.84
Property Sub-Type Other
Property Description
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
Lake Name None
Interior
Heating Wall Unit(s)
Cooling Ceiling Fan(s), Dual, Wall Unit(s)
Flooring Carpet
Window Features Insulated Windows
Exterior
Parking Features Driveway, Level Driveway, Paved
Fence None
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
Waterfront Description None
View Neighborhood
Roof Type Metal,Shingle
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Level
Story One
Sewer Septic Tank
Water Public
Level or Stories One
Structure Type Wood Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools Futral Road
Middle Schools Rehoboth Road
High Schools Spalding
Others
Senior Community no
Special Listing Condition None
