108 Winding Way, Leesburg, GA
9.28% return
Video Photos Street View Map
The slide show is now full screen. Push Escape to exit. You can use the left/right arrows and Home/End buttons to navigate the images.
Slideshow image 1
Slideshow image 2
Slideshow image 3
Slideshow image 4
Slideshow image 5
Slideshow image 6

Property Description

GREAT INVESTMENT PROPERTY!! BRAND NEW ROOF AND A/C UNITS!! This is a lovely brick extravaganza you don't want to miss out on this amazing income generating quadplex. Newer construction. Consistent area that features high quality buildings. Great curb appeal. Each unit is 3 bedroom 2 bath with a private back porch. Separate electric and water meters. City water and sewer. Tenants pay all utilities.

Property Information

  • Listing statusPending
  • Property typeMulti Family
  • Total units4
  • Total bedrooms12
  • Total bathrooms8
  • Building size5088 sq. ft.
  • Lot size0.7 acres
  • Year built2004
  • CountyLee County
  • Subdivision
  • ConstructionBrick
  • RoofShingle
  • Water sourceCity
  • Water disposalSewer
  • HeatingCentral
  • CoolingCentral air

Property Financial Summary

  • Asking price $265,000
  • Estimated rehab 1 $0
  • Total investment $265,000
  • Type Proforma
  • Gross income (annually) $33,600
  • Operating expenses (annually) $9,002
  • Net income (annually) $24,598
  • Gross return 12.68%
  • Gross income (monthly) $2,800
  • Operating expenses (monthly) $750
  • Net income (monthly) $2,050
  • Net return 9.28%

Property Income & Expenses

  • Income
  • Unit 1: 3 bed / 2 bath $700/month $8,400/year
  • Unit 2: 3 bed / 2 bath $700/month $8,400/year
  • Unit 3: 3 bed / 2 bath $700/month $8,400/year
  • Unit 4: 3 bed / 2 bath $700/month $8,400/year
  • Total $2,800/month $33,600/year
  • Expenses
  • Property Taxes $233/month $2,802/year
  • Insurance $100/month $1,200/year
  • Maintenance reserve $417/month $5,000/year
  • Total $750/month $9,002/year

Property Questions & Answers

Q: How do I make an offer on this property?
A: Placing an offer is a simple process. All offers must be presented in writing with an escrow deposit of 10% or $5,000, whichever is larger. Escrow has to be sent to the attorney or title company who is handling the file for this property. Please send us an inquiry and one of our team members will get in touch with you to further assist you. You can also give us a call.

Q: Does this property come with clear title?
A: All our properties come with clear title. We highly recommend you purchase title insurance as well.

Contact Property Agent

You need to have an account to send an inquiry.

Log In Register

Share Listing

Property Flyer

Click here to download the flyer
Copyright by Real Pro, Inc 2019 . All Rights Reserved.