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About This Home

This 0-bedroom, 0-bathroom residential multi family at 2611 Golfview Terrace SE in Conyers, GA is listed for $362,000. Built in 1979, on a 0.34 acres lot.

Agent Description

Welcome to this well-maintained four-sided brick duplex, where each 1,680 sq ft unit features 3 spacious bedrooms and 1.5 bathrooms designed for comfort and convenience. Over $30,000 in renovations and upgrades were completed in 2021. Inside, each unit offers a cozy family room with a fireplace, a functional kitchen with stainless steel appliances and generous cabinetry, and a dedicated laundry room.

The bedrooms are carpeted and filled with abundant natural light. Outside, the fenced backyard provides a private space to relax or entertain, along with a covered porch. The area is also experiencing rapid growth, with 5,600 new jobs coming to major employers such as Rivian, Archer Aviation, and Meta, all within a 10-minute drive.

Average rents for 3-bedroom rentals in the area are currently around $1,500/month, presenting strong upside potential for future rent increases. Whether you're seeking reliable rental income or a multi-generational living solution, this property offers an ideal combination of versatility, value, and steady returns.

Unit A currently rents for $1,160/month and Unit B rents for $1,602/month, generating approximately $33,144 in gross annual income. Estimated annual operating expenses are approximately 16% of gross income ($5,303), resulting in a Net Operating Income (NOI) of approximately $27,841.

2611 Golf View Terrace, Conyers is now offered at $362,000. Based on a 20% down payment, 30-year amortization, and an estimated 6.3% interest rate, projected annual debt service is approximately $21,511. This results in estimated annual cash flow of approximately $6,330 and a cap rate near 7.7%, making this an attractive opportunity for investors seeking stable returns and future appreciation potential.

MARKET RENT POTENTIAL: With average 3-bedroom rents in the area currently around $1,500/month, total monthly rental income could increase to approximately $3,000/month or $36,000 annually. This provides additional upside potential for increased NOI and stronger future cash flow.

Key Features

  • Built in 1979
  • 0.34 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
2 spaces
1979

Amenities

A/C

Monthly Cost Estimate

$1,936/mo

20% down · 6.5% · 30 years

Principal$262
Interest$1,569
Insurance$106

Estimates only. Actual payments may vary.

Location

2611 Golfview Terrace SE

Conyers, GA 30013

Fieldstone View

Property Details

Construction

Brick Cement Siding

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 2611 Golfview Terrace SE is listed at $362,000. The estimated monthly payment is $1,569 based on 20% down at 6.5% interest.

Key features include: Built in 1979, 0.34 acre lot, 2 stories, 2 parking spaces.

This property is listed by JANICE OVERBECK and can be reached at (678) 337-3233 or offers@janiceoverbeck.com.

JO

JANICE OVERBECK

Agent at Keller Williams Realty Atl North

(678) 337-3233

Listed by Keller Williams Realty Atl North · View on Broker Site

MLS# 7664894· Source: listhub· Updated 166 days ago

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2611 Golfview Terrace SE, Conyers, GA 30013

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