8841 Highway 54, Jonesboro, GA 30238
$299,900
Est. payment /mo
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2,304 SqFt
New

8841 Highway 54 Jonesboro, GA 30238

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Bruce Bochicchio

Bruce Bochicchio

+1(678) 761-5803

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,304 sqft

Price per Sqft $130

Subdivision No Subdivision

MLS Listing ID 7857937

Construction Status Fixer

HOA Y/N No

Year Built 1943

Annual Tax Amount $2,555

Tax Year 2024

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Mixed Use

Source First Multiple Listing Service

Property Description

EXCEPTIONAL BOARDING HOUSE INVESTMENT OPPORTUNITY! This property features two buildings with significant rental income potential and substantial upside once renovations are complete. BUILDING ONE: A partially renovated 2-bedroom, 2-bathroom unit. The kitchen and bathroom renovations are nearly complete, with remaining work including drywall repairs, window repairs, potential flooring replacement, and general cleanup. BUILDING TWO: Configured for two 1-bedroom, 1-bathroom apartments and four studio apartments. The building features a newly installed sprinkler system with fire department water access at the front of the property. Some kitchen and bathroom renovations have been completed, while much of the building remains down to the studs, offering an opportunity to customize the space during renovation. With substantial renovation potential and multiple units to bring online, this property presents an excellent opportunity for investors seeking to maximize rental income and long-term value.

Location

State GA

County Clayton

Zoning C

Lake Name None

Rooms

Other Rooms None

Basement None

Interior

Interior Features Other

Heating Heat Pump

Cooling Central Air

Flooring None

Equipment None

Window Features Double Pane Windows

Exterior

Parking Features Parking Lot

Fence Wood

Utilities Available Electricity Available, Natural Gas Available, Phone Available

Waterfront Description None

View Y/N Yes

View City

Roof Type Asphalt

Street Surface Asphalt

Accessibility None

Handicap Access None

Total Parking Spaces 8

Private Pool false

Building

Lot Description Level

Story Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Wood Siding

Construction Status Fixer

Others

Senior Community no

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Circumstances None

First Multiple Listing Service(FMLS)
Listed by Southern Classic Realtors

NEARBY SCHOOL & BUSINESS

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Bruce Bochicchio

Bruce Bochicchio

Broker Associate License ID: GREC#341456, NMLS#2476779

+1(678) 761-5803

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