1145 Spring Creek Circle, Griffin, GA 30223

$185,000

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List Price
$185,000
MLS#
7720157
Status
ACTIVE
Type
Multifamily
Subtype
Other
Lot Size
0.41000000000000003
Subdivision
Spring Creek

Property Description

NO SELLER FINANCING!!! ***Exceptional Investment Opportunity - lease renewal on 02/01/26, Monthly rent is at $1,555!!! The property offers an annual return of approximately 8.57%!***- A charming 3-bedroom, 2-bathroom and 1,232 sq. ft. single-family that offers the perfect blend of comfort and convenience. Located in a quiet, well-established community, this property offers reliable rental potential supported by Griffin’s continued growth and affordability relative to the Atlanta metro area. ***We also have multiple Griffin properties available as a bundle sale, which may provide an attractive opportunity for investors looking to expand their rental portfolio in the area.*** With convenient access to major corridors leading to South Atlanta and Downtown Atlanta, the home appeals to a wide range of tenants seeking suburban comfort with commuter accessibility. It is also close to major retailers, grocery stores, and a variety of dining options, enhancing everyday convenience and long-term tenant retention. Offering an attractive rent-to-price ratio and solid appreciation potential, this is a turnkey investment opportunity for investors seeking consistent cash flow and long-term growth.

Additional Information

Stories
One
Construction
Vinyl Siding
Year Built
1987
Neighborhood Amenities
None
Roof
Composition
Lot Dimensions
x
Parking
Carport
Lot Desc
Other
Water
Public
Sewer
Public Sewer
Elementary School
Jordan Hill Road
Middle School
Kennedy Road
High School
Spalding
Acres
0.41
Annual Expenses
2805
Levels
One
Net Operating Income
$15,855
Taxes
$1,365

Listing courtesy of Wepartner Realty, LLC..

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