- Address: 806 Fontaine Rd SW, Mableton, GA 30126
- Repairs: Cosmetic updates only
- Inspection: Thursday, March 8th at 2 PM ET
- Asking Price: $149,900
- Gross Market Rents: $3,500 – $4,000
The contract for this six-unit (two 2-BR units, two 1-BR units and two 1-BR efficiency units across four buildings) multifamily property at 806 Fontaine Rd SW, Mableton, GA 30126 offers fantastic return opportunities for landlord investors in Cobb County!
Landlord investors can expect gross potential market rents of $3,600 or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 23%!
Five of the six units are currently rented, but all are on month-to-month leases, meaning you can pass along any rental increases right away and/or locate new tenants as needed. All five rented units are in relatively good shape, needing only cosmetic updates. The vacant unit is currently undergoing rental turn renovations to be ready for market.
Don’t lose out on this opportunity to secure the lowest cost, best value multifamily property in the neighborhood making this a winning investment property!