206 S Main Street Lafayette, GA $ 465,000
206 S Main Street
$ 465,000
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206 S Main Street

Lafayette, GA, 30728
$ 465,000
Baths0.0

Monthly Estimate*

$ 3,091

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Studio

Multi-Family Home for sale in Lafayette, GA

for $465,000. This home was built in 1952 on a lot size of 1.24.

PRIME MULTI-FAMILY INVESTMENT OPPORTUNITY IN AN INCREDIBLE LOCATION! Conveniently located on over an acre lot on Main Street in Downtown LaFayette, GA, with 150+ Feet of road frontage on both Main Street and S. Cherokee Street, this incredible, unique opportunity consists of a 2600+ SQ FT Duplex with 2 Bedrooms + 1 Bath in each unit, a 2 Bedroom, 1 Bath Single Family Home with 1000+ SQ FT, and a small, cottage style home offering 1 Bedroom and 1 Bath. All of the dwellings have been updated and cared for, with the current owner's updates consisting of new roofs, new windows, new flooring throughout, new paint, in addition to other interior and exterior renovations. All units expect for one side of the duplex are occupied, with all but one unit being on a month-to-month lease basis. These rental units far exceed expectations, with pride of ownership being apparent and demonstrated by both the owner and tenants. Due to the month-to-month leases, these units offer the opportunity for immediate financial adjustment in order to align more with the current fair market rental rates. The front portion of the property with Main Street road frontage also offers potential future development. If you are looking for a rare, fruitful investment opportunity to add to your real estate portfolio, don't miss this one. Call today to schedule your private tour of this fantastic piece of real estate!

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Multi-Family Active

Price

$ 465,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,143

Style

Multi Family,Duplex

Lot Size

1.24

Year Built

1952

Town/City

Lafayette

County/Region

Walker

MLS | Web ID

20171904

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Electric
Utilities Sewer Connected
Association Fee Includes None
Construction Materials Other
Year Built 1952
Levels One
Property SubType Multi Family Duplex
Tax Year 2023
Community Features None
County Walker
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Attached Garage Y
Subdivision Name none
Garage Y/N Y
Status Active
Directions From Highway 27 continue onto Main St. Property on right past Bank of LaFayette
High School Lafayette
City Lafayette
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 4
Lot Size Units Acres
Lot Size Square Feet 54014.4
Waterfront Y/N N
Carport Y/N N
Street Name Main
Elementary School North Lafayette
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3143
Home Warranty Y/N N
Middle/Junior High School Lafayette
Property Condition Updated/Remodeled
Structure Type Duplex House Other
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Basement Crawl Space
Total Fireplaces 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Street Suffix Street
Electric On Property Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Attached
Water Source Public
Lot Size Area 1.24
Spa N
Lot Size Acres 1.24
Lot Size Source Public Records
Open Parking Y/N N
Horse Y/N N
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* Excluded Features
List By
Bhgre Jackson Realty

Broker

tannerheyerrealtor@gmail.com

Email

Affordability Calculator

$3,352
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,091
Monthly Property Taxes
$262
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4135241 Elementary School
4134356 Middle School
Lafayette High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2024$465,000 -5.08% Price Down
2/19/2024$489,900 Listed Price

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206 S Main Street, Lafayette, GA, 30728 is a Multi-Family Home for sale at $465,000 with a lot size of 1.24. 206 S Main Street is a studio with 0.0 baths and was built in 1952. The property's zip code is 30728 which is in Lafayette, GA