Dont miss the chance to purchase a portfolio of income-generating properties 106 NE Railroad Ave features 2 bedrooms and 1 bathroom and enjoys consistent bookings from Airbnb and Vrbo guests year-round and is available for individual purchase.The seller owns two additional adjacent 2 bedroom 1 bathroom houses, each available for 200,000. There is a 4th home available 3 bedrooms and 1.5 bathroom in the portfolio that is in need of repair, which is priced at 100,000. Three of the four homes currently generate income through Airbnb and Vrbo, with the potential to boost earnings once the fourth house is renovated. The total gross profit from Airbnb, Vrbo, and rental income is 72,200 resulting in a yearly net profit of over 62,000The portfolio maintains high occupancy due to its proximity to a local factory, just 15 minutes away, and popular hunting grounds nearby. Very minimal competition in the area. The seller can provide a profit and loss statement and a reservations list upon request.
Extra Information for 106 NE Railroad Ave Lyons, GA 30436
- Seller Type: By Owner
- Category: Single-Family Houses
- Year: 1985
- Conditions: Resale
- Listed Date: Aug 17, 2024