8841 Highway 54, Jonesboro, GA 30238
8841 Highway 54, Jonesboro, GA 30238
8841 Highway 54, Jonesboro, GA 30238
8841 Highway 54, Jonesboro, GA 30238
8841 Highway 54, Jonesboro, GA 30238
8841 Highway 54, Jonesboro, GA 30238
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$ 299,900
Est. payment | /mo

7,251,579 SqFt


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$ 299,900
Est. payment | /mo
Save

7,251,579 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status New

Purchase Type For Sale

Square Footage 7,251,579 sqft

Price per Sqft $0

Subdivision No Subdivision

MLS Listing ID 10877309

HOA Y/N No

Year Built 1943

Annual Tax Amount $2,554

Tax Year 2024

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 12196.8

Property Sub-Type Commercial

Source Georgia MLS 2

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 Commercial

Rooms

Bedroom Description No

Interior

Heating Heat Pump

Cooling Central Air, Fans

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electricity Available, High Speed Internet, Natural Gas Available, Phone Available

View Y/N No

Garage No

Private Pool No

Building

Lot Description City Lot, Level

Faces Use GPS

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Others

Tax ID 05242B D001

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Fixer

Georgia MLS - GAMLS
Nearby Locations
Kaha Adan

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8841 Highway 54