116 Ivey ST Active

Richmond Hill,GA 31324

$ 525000

7 Beds

3 Baths

3982 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,982 sqft

Price per Sqft $131

Subdivision Richmond Hill

MLS Listing ID 327755

Style Bungalow

Bedrooms 7

Full Baths 3

Year Built 1940

Lot Size 0.290 Acres

Property Sub-Type Triplex

Property Description

Exceptional Investment Opportunity –Richmond Hill Triplex w/ As Is Monthly rental potential $4395-good cash flow
Seize this rare opportunity to own a well-maintained, income-producing triplex in the heart of Richmond Hill! This versatile property features two 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, offering ample living space for tenants.
The seller has invested over $55,000 in recent upgrades, including new HVAC systems and plumbing enhancements, ensuring long-term reliability and added value. There's also potential to further increase rental income and equity with additional updates, making this a savvy investment. Prime Location: Conveniently located near Highway 17 and I-95, tenants enjoy easy access to shopping, dining, and top-rated schools, making this property highly desirable.
This is more than just an investment—it's a chance to own a piece of Richmond Hill's rich history while securing strong rental income in one of Georgia's most sought-after communities.

Location

State GA

County Bryan

Zoning CITY

Interior

Heating Central,Electric

Cooling Central Air,Electric,Other,Window Unit(s)

Laundry Washer Hookup,Dryer Hookup

Exterior

Parking Features Off Street,Parking Lot

Building

Story 1

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash,Conventional,1031 Exchange,Other

Listing Terms Cash,Conventional,1031 Exchange,Other

Special Listing Condition Standard

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