7 Richard Allen Dr, Newnan, GA 30263

Description

Affordable Income Producing duplex for sale. Tenants Occupied and instant cash flow. Appointment Required. 2 units- each unit is approx 800 square feet, 2 bedroom 1 Bath. Each unit has its own power, water and gas meter. Central Heat and window units for AC. Low maintenance concrete block exterior/walls. Both units have laundry hookups. Tenants park in front yard and rear has additional parking area. All schools are close by. Convenient to downtown Newnan and an easy stroll right over to Lynch Park - a great community park with the Wesley Street Gym, playground, tennis courts, picnic pavillion and very nice public pool/water park. The park is literally directly across the street. Boys and Girls Club directly behind this unit. Great community! Super easy stroll to Historic Downtown Newnan for shopping, dining, entertainment and recreation. Current leases expire in 2027. Current rent is $900 each, but that is under market. Property is in average/good condition - but you can update more with cosmetics for higher rent potential. Photoes were taken before current tenants moved in. Current tenants are responsible for all utilities. Natural gas for heating and cooking. Public water and Sewer Connected.