3867 Harrington ST, Lyons, GA 30436 - MLS#10428810

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Virnalisi JohnsonKing

Maximum One Realty Greater Atlanta

[email protected] +1(404) 290-6914

Listed by Sharice McKinney • 1st Class Real Estate Premier

$107,999

Est. payment - /mo

3 Beds

1.5 Baths

3,312 SqFt

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UPDATED:

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

Construction Status Resale

HOA Y/N No

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

Rooms

Basement None

Main Level Bedrooms 3

Interior

Interior Features Other

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

Level or Stories One

Construction Status Resale

Schools

Elementary Schools Swainsboro Primary/Elementary

Middle Schools Swainsboro

High Schools Swainsboro

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Virnalisi JohnsonKing

+1(404) 290-6914

Agent | License ID: 144248

Agent License ID: 144248