2995 Palm Dr, East Pt, GA, 30344

About This Home

Price is Firm Excellent investment opportunity with stable, long-term tenants and upside potential. * Both units are occupied by long-term tenants who have each been in place for approximately 10 years. * Current rental income is $2,000 per month ($1,000 per unit). * Rents are well below current market value due to cosmetic updates that have not yet been completed, creating an opportunity to increase rental income over time. * The property is Housing Authority eligible, providing additional rental flexibility for investors. * The roof and HVAC system are approximately 8 years old. * No major repairs are needed. Cosmetic updates would help maximize rental value. * Annual property taxes: Approximately $2,000 * Annual insurance: Approximately $2,400 * Owner-paid water, sewer, and trash: Approximately $91 per month (about $1,092 annually). * The property was appraised at $269,000 approximately four years ago, demonstrating strong value at the current asking price. This property offers reliable cash flow from established, long-term tenants with the opportunity to increase rents toward market value through cosmetic improvements. Serious inquiries only. Price is firm. Text is the best form of contact