363 Church, Bronwood, GA 39826
- $147,000
- 3
- BD
- 1
- BA
- List Price
- $147,000
- Price Change
- ▼ $8,000 1785975038
- MLS#
- 10794942
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family Residence
- Bedrooms
- 3
- Bathrooms
- 1
- Square Footage Source
- Other
- Lot Size
- 2
- Subdivision
- none
Property Description
The property consists of 2 level acres with three houses, making it well suited for a BRRRR strategy. After acquiring the property, each house is rehabilitated to increase its market value and rental appeal. Once renovated, the homes are leased to tenants, generating rental income. The improved value and stabilized cash flow can then support a cash-out refinance, allowing the investor to recover much or all of the initial capital while retaining ownership of the income-producing assets. The refinanced proceeds can be used to fund future acquisitions, repeating the process over time. The main attraction to this property is the land!!! It is beaautifful. Come take a look.
Additional Information
- Style
- Contemporary
- Stories
- 1 Story
- Year Built
- 1970
- Parking
- Off Street, Over 1 Space per Unit
- Sewer
- Septic Tank
- Elementary School
- Cooper Carver
- High School
- Terrell
- Acres
- 2
- Levels
- One
Listing courtesy of Johnson Real Estate Agency.
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