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About This Home
This 4-bedroom, 2-bathroom multi-family at 512 Cherry Avenue in Albany, GA is listed for $69,000 ($9 per sqft). Built in 1920, the home offers 7,500 sqft of living space on a 0.17 acres lot.
Prime investment opportunity in Albany! This duplex at 512 Cherry Avenue offers immediate upside with one unit already fully renovated and rent-ready, while the other side provides value-add potential for increased cash flow. The updated unit features modern finishes and is ideal for attracting quality tenants at market rent.
Investors will appreciate the flexibility to generate income right away while completing renovations on the second unit to maximize returns. Whether you're looking to house-hack, expand your rental portfolio, or capitalize on a fix-and-hold strategy, this property checks all the boxes. Conveniently located near local amenities, schools, and major roadways, this property is positioned for strong rental demand. Don't miss this chance to secure a partially renovated income-producing asset with built-in equity potential!
Key Features
- Built in 1920
- 0.17 acre lot
Property Details
Monthly Cost Estimate
$369/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
512 Cherry Avenue
Albany, GA 31701
Ragsdale
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Questions & Answers
This 4-bedroom, 2-bathroom multi-family at 512 Cherry Avenue is listed at $69,000 ($9/sqft). The estimated monthly payment is $299 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.17 acre lot. Exterior Features: Porch Covered.
This property is listed by Rashode Best and can be reached at 2297332237 or rashode.selectrealty@gmail.com.
