1160 Credille Pond Road, Greensboro, GA 30642
Local realty services provided by:CENTURY 21 Results
1160 Credille Pond Road,Greensboro, GA 30642
$285,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: esau linares
Office: keller williams greater athens
MLS#:10778541
Source:METROMLS
Price summary
- Price:$285,000
About this home
10 homes rent for $500 each, and 1 rents for $600, for a total monthly income of $ 5,600!!! 24% yearly return - $67,200 in rents! You will make your money back in 4 years and profit after!!! 4.7-acre parcel with 11 occupied homes, offering immediate cash flow with all units leased and some recently remodeled, plus 3 wells and 10 septic systems servicing the community. Located roughly 14 minutes from downtown Greensboro for convenient access to amenities and employment centers. Water is included in the tenants rent. The owner pays for electricity to one well pump - $30/month. There are 10 septic tanks in total, with one shared between two units. Each mobile home has its own electric meter. Insurance is approximately $1,500 per month. Aside from insurance and well pump electricity cost, there are no additional known monthly expenses. There is currently no property plat or survey available. The owner does all maintenance and management of the property. Showings will only be allowed after an accepted offer. Make your offer today!! No pictures available of the inside. These units need work. DO NOT DISTURB THE TENANTS....
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Home facts
- Year built:1980
- Listing ID #:10778541
- Updated:June 13, 2026 at 10:58 AM
Heating and cooling
- Cooling:Window Unit(s)
Structure and exterior
- Year built:1980
- Lot area:4.71 Acres
- Levels:1 Story
Schools
- High school:Greene
- Middle school:Anita White Carson
- Elementary school:Other
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$285,000
- Tax amount:$214 (24)
Parking
- Parking description:Assigned, Attached
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