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73 E Mlk Jr Ave, Lakeland, GA 31635

Lakeland
Local realty services provided by:CENTURY 21 Realty Advisors GA
73 E Mlk Jr Ave,Lakeland, GA 31635
$99,900
Virtual Tour
  • 4 Beds
  • 2 Baths
  • 1,317 sq. ft.
  • Single family
  • Active
Listed by: tommy cangelosi
Office: landmark realty and investments, llc.
MLS#:153448
Source:GA_VBR

Price summary

  • Price:$99,900
  • Price per sq. ft.:$75.85

About this home

Solid brick 4 bedroom, 2 bath home priced under $100,000 with immediate income potential. This property was most recently rented for $1,295 per month, offering a rare opportunity to step into a cash flowing asset at an affordable price point. The roof has been replaced within the last five years, helping reduce near term capital expenses. Based on prior rental history, the property generates approximately $15,540 in annual gross income. Using a conservative 30% expense ratio, the estimated net operating income comes in around $10,878 annually, resulting in an approximate cap rate of 10.8%+ at a $100,000 price point. For leveraged buyers putting 20% down, this deal projects a cash on cash return in the 30%+ range, making it a strong performer for both new and seasoned investors. With durable brick construction, four true bedrooms, and strong rental demand in this price range, this is the kind of opportunity that does not last long. Whether you are looking to expand your portfolio or...

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Home facts

  • Listing ID #:153448
  • Added:1 day(s) ago
  • Updated:April 25, 2026 at 04:48 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Kitchen Description:Refrigerator
  • Living area:1,317 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Building area:1,317 sq. ft.
  • Lot area:0.21 Acres
  • Construction Materials:Brick Veneer
  • Exterior Features:Irregular Lot Size
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$99,900
  • Price per sq. ft.:$75.85
  • Tax amount:$1,258 (2026)
IDX information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Humboldt Association of REALTORS® April 25, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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