Bought with Michael Dumler • Cornerstone R/Estate Partners
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2520 Rex RD Ellenwood, GA 30294
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Key Details
Sold Price $290,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,201 sqft
Price per Sqft $241
Subdivision Springfield
MLS Listing ID 10329357
Sold Date 08/28/24
Style Traditional
Bedrooms 9
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1974
Annual Tax Amount $2,923
Tax Year 2023
Lot Size 0.258 Acres
Property Description
Rare, 12% CAP Occupied PadSplit grossing over $5700+ per month gross income per month, consistently even factoring in vacancy. Close to Clayton State University, and around the corner multiple interestates for superb connectivity and access to job centers. Mind boggling cash flow will give you a cash-on-cash return of 20%+! Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.
Location
State GA
County Clayton
Rooms
Basement Finished, Partial
Main Level Bedrooms 2
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Hardwood, Laminate
Exterior
Garage Off Street
Community Features None
Utilities Available Electricity Available, Water Available
Roof Type Composition
Building
Story Multi/Split
Sewer Public Sewer
Level or Stories Multi/Split
Construction Status Resale
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition As Is, Investor Owned, No Disclosure
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