88 E Forest Drive,Woodstock, GA 30188
Woodstock, GA 30188
Description
INVESTOR OPPORTUNITY IN WOODSTOCK! Two-unit income property with immediate cash flow and value-add potential. Unit A is a 3 bedroom/2 bath currently rented at $1,500/month. Unit B is a vacant 1 bedroom/1 bath with an estimated rental potential of approximately $900/month, providing an opportunity to increase total gross income to approximately $2,400/month / $28,800 annually. Property consists of two lots and 1983 manufactured housing and is being sold AS-IS with deferred maintenance reflected in the pricing. Excellent opportunity for an investor looking for existing income with additional upside through repairs, improvements and lease-up of the vacant unit. Making this an attractive acquisition for investors seeking creative financing. Convenient Woodstock location near shopping, employment, schools and major roadways. Do not disturb tenant. POF and Appointment required. Buyer to perform all due diligence regarding condition, zoning, use, rental potential and manufactured-home status.
Details
| MLS # | 10867066 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 34 |
| Listing Provided By | Chapman Hall Realtors Atlanta North | John Powell |
Features
| Basement | Y |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Acreage | 0.12 |
Interior
| Cooling | Central Air, Window Unit(s) |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Central |
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
Exterior
| Construction Materials | Aluminum Siding |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Off Street |
Utilities
| Utilities | Electricity Billing Prorated, Water Billing Prorated |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Annual Amount | 215 |
|---|---|
| Tax Year | 2025 |
Location
| Community Features | None |
|---|
Area Information
| State | GA |
|---|---|
| County | Cherokee |
| City | Woodstock |
| Zip Code | 30188 |
| Area | Cherokee |
| Community Name | Fountain n Lake |
| School District | River Ridge |
| Elementary School | Arnold Mill |
| High School | River Ridge |
| Listing VS Median (in Fountain n Lake) | |
Price: $210,000 low | high Med: $0 On site: 34 low | high Med: | |
Market Activity 30188
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Learn More About This Property
| State | GA |
|---|---|
| County | Cherokee |
| City | Woodstock |
| Zip Code | 30188 |
| Area | Cherokee |
| Community Name | Fountain n Lake |
| School District | River Ridge |
| Elementary School | Arnold Mill |
| High School | River Ridge |
| Listing VS Median (in Fountain n Lake) | |
Price: $210,000 low | high Med: $0 On site: 34 low | high Med: | |
