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Naveen Sharma

naveen@fourpointrealty.com +1(732) 429-0939

$362,000

Est. payment - /mo

0.34 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Fieldstone View

MLS Listing ID 10658779

HOA Y/N No

Year Built 1979

Annual Tax Amount $5,532

Tax Year 2024

Lot Size 0.342 Acres

Acres 0.342

Lot Dimensions 14897.52

Property Sub-Type Multi Family,Duplex

Source Georgia MLS 2

Property Description

Welcome to this well-maintained four-sided brick duplex, where each 1,680 sq ft unit features 3 spacious bedrooms and 1.5 bathrooms designed for comfort and convenience. Over $30,000 in renovations and upgrades were completed in 2021. Inside, each unit offers a cozy family room with a fireplace, a functional kitchen with stainless steel appliances and generous cabinetry, and a dedicated laundry room. The bedrooms are carpeted and filled with abundant natural light. Outside, the fenced backyard provides a private space to relax or entertain, along with a covered porch. The area is also experiencing rapid growth, with 5,600 new jobs coming to major employers such as Rivian, Archer Aviation, and Meta, all within a 10-minute drive. Average rents for 3-bedroom rentals in the area are currently around $1,500/month, presenting strong upside potential for future rent increases. Whether you're seeking reliable rental income or a multi-generational living solution, this property offers an ideal combination of versatility, value, and steady returns. Unit A currently rents for $1,160/month and Unit B rents for $1,602/month, generating approximately $33,144 in gross annual income. Estimated annual operating expenses are approximately 16% of gross income ($5,303), resulting in a Net Operating Income (NOI) of approximately $27,841. 2611 Golf View Terrace, Conyers is now offered at $362,000. Based on a 20% down payment, 30-year amortization, and an estimated 6.3% interest rate, projected annual debt service is approximately $21,511. This results in estimated annual cash flow of approximately $6,330 and a cap rate near 7.7%, making this an attractive opportunity for investors seeking stable returns and future appreciation potential. MARKET RENT POTENTIAL: With average 3-bedroom rents in the area currently around $1,500/month, total monthly rental income could increase to approximately $3,000/month or $36,000 annually. This provides additional upside potential for increased NOI and stronger future cash flow.

Location

State GA

County Rockdale

Rooms

Bedroom Description No

Basement None

Interior

Heating Central

Cooling Central Air

Fireplaces Number 2

Fireplace Yes

Exterior

Parking Features Off Street

Garage Spaces 2.0

Community Features None

Utilities Available Other

View Y/N No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Faces From I-20 E, take exit 82 amd turn right onto GA-162 S. Next, turn right onto Golfview Drive SE and right onto Goldview Terrace SE. Home will be on the right!

Sewer Public Sewer

Water Public

Structure Type Brick,Concrete

New Construction No

Schools

Elementary Schools Peeks Chapel

Middle Schools Memorial

High Schools Salem

Others

HOA Fee Include None

Tax ID 077A010004

Special Listing Condition Resale

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

2611 Golfview TER SE Conyers, GA 30013

Naveen Sharma

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2611 Golfview TER SE