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512 Cherry Ave, Albany, GA, 31701

4beds
2baths
7,500sqft
$69,000
$9price/sqft
$1,392/moest. monthly cost
$55,680/yrincome needed

About This Home

Prime investment opportunity in Albany! This duplex at 512 Cherry Avenue offers immediate upside with one unit already fully renovated and rent-ready, while the other side provides value-add potential for increased cash flow. The updated unit features modern finishes and is ideal for attracting quality tenants at market rent. Investors will appreciate the flexibility to generate income right away while completing renovations on the second unit to maximize returns. Whether you're looking to house-hack, expand your rental portfolio, or capitalize on a fix-and-hold strategy, this property checks all the boxes. Conveniently located near local amenities, schools, and major roadways, this property is positioned for strong rental demand. Don't miss this chance to secure a partially renovated income-producing asset with built-in equity potential!

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

3/10
2/10
Monroe High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Crawl Space
  • Roof: Metal
  • Construction materials: Wood Siding,Wood Trim

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex/Quad/Multi-Unit

Interior

Appliances

  • Appliances included: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Cooling

  • Cooling features: A/C: Central Electric

Features

  • Other-See Remarks
  • Flooring: Ceramic Tile

Interior Area

  • Total structure area: 7,500
  • Total interior livable area: 7,500 sqft

Property

Details

  • Parcel number: 000HH/00026/022
  • Attached to another structure: Yes

Features

  • Stories: 1
  • Patio & porch: Porch Covered
  • Waterfront features: None

Lot

  • Lot size: 7,405 sqft

Parking

  • Parking features: Driveway Only
  • Has uncovered spaces: Yes