3867 Harrington ST Active Save Request In-Person Tour Request Virtual Tour
Lyons,GA 30436
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,312 sqft
Price per Sqft $32
MLS Listing ID 10428810
Style Ranch
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1938
Annual Tax Amount $989
Tax Year 2023
Lot Size 7,405 Sqft
Property Description
Investor Opportunity: Portfolio of 4 Income-Generating Properties in Lyons, GA! This exceptional opportunity offers a portfolio of 4 income-producing properties that together generate $6,000 monthly income through Airbnb and Vrbo, with the potential to further boost earnings once this property is renovated. Perfect for investors looking for immediate returns and long-term growth. This is the largest property in the portfolio and it features 3 bedrooms and 1.5 bathrooms after renovations. While it is the only home in need of renovations, it has the unique potential to be converted into 2 separate units, which could double its income. The remaining three properties are adjacent homes located at 102 NE Railroad, 104 NE Railroad, and 106 NE Railroad and they each feature 2 bedrooms and 1 bathroom Financially, this portfolio has proven performance. In 2024, the total gross profit from Airbnb, Vrbo, and rental income reached $72,200, resulting in a net yearly profit of over $62,000 after expenses. This excludes additional personal rentals as well. This portfolio maintains high occupancy rates due to its strategic location near local factories just 15 minutes away, as well as popular hunting grounds in the area. With minimal competition, these properties have established themselves as well-performing short-term rentals. All homes are sold turn-key, providing a seamless transition and the opportunity to start earning income immediately. Profit and loss statements, along with the reservations list, can be provided upon request. Don't miss the chance to acquire all four properties for just $449,999 and capitalize on this high-performing investment with significant growth potential.
Location
State GA
County Emanuel
Interior
Heating None
Cooling None
Flooring Other
Fireplaces Number 1
Exterior
Parking Features None
Community Features None
Utilities Available None
Roof Type Metal
Building
Story One
Sewer Septic Tank
Schools
Elementary Schools Swainsboro Primary/Elementary
Middle Schools Swainsboro
High Schools Swainsboro