2611 Golfview Ter Se | Image 1
2611 Golfview Ter Se | Image 2
2611 Golfview Ter Se | Image 3
2611 Golfview Ter Se | Image 4
2611 Golfview Ter Se | Image 5
2611 Golfview Ter Se | Image 6
2611 Golfview Ter Se | Image 7

$367,500

For Sale

3 months ago

MLS® 7664894

0 Bed

0 Bath

--

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage No
Taxes $5,532
Days Active 84
Lot Size 0.342 acres
Approx. Age 1979
MLS® Number 7664894

Property Address: 2611 Golfview Ter Se, Conyers, GA, 30013-2123

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to this well-maintained four-sided brick duplex, where each 1680 sqft unit has 3 spacious bedrooms and 1.5-bathroom - each designed for comfort and convenience. Over $30, 000 in renovations/upgrades in 2021 Inside, each unit features a cozy family room with a fireplace, a functional kitchen with stainless steel appliances and generous cabinetry, and a dedicated laundry room. Bedrooms are carpeted and offer abundant natural light. Outside, the fenced backyard provides a private space to relax or entertain and a covered porch. The area is also seeing rapid growth, with 5, 600 new jobs coming to major employers like Rivian, Archer Aviation, and Meta - all within a 10-minute drive. Plus, with average rents for 3-bedroom rentals in the area currently around $1500.00, there’s clear potential for future rent increases. Whether you're seeking rental income or a multi-generational living solution, this property offers the ideal combination of versatility, value, and steady returns.Unit A rents for $1160/month and Unit B for $1, 602/month, generating a total monthly income of $2, 762, or $33, 144 annually. With estimated annual expenses at 10% of gross income ($3, 314.40), this property delivers a solid Net Operating Income of $29, 830 and a cap rate of approximately of 8.0%. Assuming a 20% down payment and a 30-year fixed mortgage at a 6% interest rate, annual debt service is estimated at $21, 480 This results in an estimated pre-tax cash flow of approximately $596/month or $8.350/year in the first year - making this duplex a compelling option for investors seeking steady returns. MARKET RENT POTENTIAL: Average rents for 3-bedroom rentals in this area are currently around $1, 500/month. At that rate, total monthly income would increase to $3, 000, or $36, 000 annually. With the same 10% expense ratio, operating expenses would be approximately $3, 600, resulting in a Net Operating Income (NOI) of $32, 400. This would raise the cap rate to 8.70%. With a $385, 00 purchase price, a 20% down payment, and an estimated annual debt service of $21, 480 projected cash flow would increase to $10, 920/year - delivering an improved cash-on-cash return of 14.7%. . ***No showings until due diligence period. Please do not disturb tenants.*
MLS® Number7664894
Laundry Level
Central VacNo
FireplaceNo
Acreage0.342
Exterior
GarageNo
Approx. Age1979
Basement
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 17, 2025List Date
$367,500List Price
  • Commute

Commute

Starting Address
Destination Address
2611 Golfview Ter Se, Conyers, GA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties