Investment opportunity with fantastic location and upside potential!! This 3 bedroom 3 full bath rental is located in a prime area of South Paulding on a 1 acre level lot. Located less than 1 mile from the New Georgia Publix Shopping Center, 3 miles to South Paulding High School, and 3 miles to the Kroger Shopping Center at Ridge Rd. Current leases are below market rates but owner has notified Tenant that rents to increase in October to $10.2K annually. New roof to be installed. The lot is ideal for future removal of the mobile home and replaced with a conventional home. Home is tenant occupied so appointments only for showings.
Single-familyProperty Type
1988Year Built
1 acresLot Size
$179Est. Price/Sq.Ft.
6 spacesParking
Listed by Pete Ewing• Keystone Realty Group, LLC.
Bought with Pete Ewing• Keystone Realty Group, LLC.
Source:FMLS #6932764
Redfin Estimate
$284,042
$215K since sold in November 2021$12K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 2.4% lower than the average sale price ($291K) of 6 comparable homes.
Investment opportunity with fantastic location and upside potential!! This 3 bedroom 3 full bath rental is located in a prime area of South Paulding on a 1 acre level lot. Located less than 1 mile from the New Georgia Publix Shopping Center, 3 miles to South Paulding High School, and 3 miles to the Kroger Shopping Center at Ridge Rd. Current leases are below market rates but owner has notified Tenant that rents to increase in October to $10.2K annually. New roof to be installed. The lot is ideal for future removal of the mobile home and replaced with a conventional home. Home is tenant occupied so appointments only for showings.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Paulding County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 19, 2021.
R-2
CORRIDOR OVERLAY
Suburban Residential District
The R-2 District is composed of certain lands and structures in the county having a low density, predominantly single-family character and additional open area, where it is desirable and likely that such similar development will occur. This District emphasizes suburban-urban development rather than rural activities; however, it is recognized that agriculture and the raising of poultry and livestock may still be an activity in this district, and provision is, therefore, made for limited forms of such activity with appropriate safeguard for nearby residences. R-2 is appropriate in the Conservation Character Area, Rural Character Area and Community Residential Character Area of the Future Development Map of the Paulding County, Georgia, 2017 Comprehensive Plan as may be amended.