Description
Income producing property on north side of Athens! This four-sided brick duplex has one 3bd/2ba unit and one 2bd/1ba unit with a total of 2, 973 square feet. Property is currently generating $2,600/mon in gross revenue. 3/2 side fetches $1,400 and the 2/1 @ $1,200/mo. Both have a solid rental history. 141 Massey Lane (3/2 unit, 1965 sf) was fully remodeled in 2021 with tiled bathrooms, new kitchen with granite countertops and SS appliances, new paint, new LVP flooring, and new windows. Additional improvements in 2022 included exterior concrete, deck repairs, and HVAC replaced. This unit is leased through 5/31/25. 143 Massey Lane (2/1 unit, 1008 sf) also received new paint, new LVP flooring, and new appliances in 2021. In 2023, owners completed substantial capital improvement including bathroom renovation with new drywall, tub, tile and flooring, as well as a kitchen rehab with refinished cabinets, high end granite countertops and new sink. This unit is leased through 9/30/24 and is currently advertised for pre-rent. Conveniently located to Highway 29, Athens Technical College, Highway 441, Loop 10 as well as downtown Athens. Professionally managed by Athens Property Management. Add to your investment portfolio today, or live in one side and let the second unit pay your mortgage!
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5BEDS
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0.46ACRES
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3BATHS
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01/2 BATHS
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2,973SQFT
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$108$/SQFT
School Information
Description
Income producing property on north side of Athens! This four-sided brick duplex has one 3bd/2ba unit and one 2bd/1ba unit with a total of 2, 973 square feet. Property is currently generating $2,600/mon in gross revenue. 3/2 side fetches $1,400 and the 2/1 @ $1,200/mo. Both have a solid rental history. 141 Massey Lane (3/2 unit, 1965 sf) was fully remodeled in 2021 with tiled bathrooms, new kitchen with granite countertops and SS appliances, new paint, new LVP flooring, and new windows. Additional improvements in 2022 included exterior concrete, deck repairs, and HVAC replaced. This unit is leased through 5/31/25. 143 Massey Lane (2/1 unit, 1008 sf) also received new paint, new LVP flooring, and new appliances in 2021. In 2023, owners completed substantial capital improvement including bathroom renovation with new drywall, tub, tile and flooring, as well as a kitchen rehab with refinished cabinets, high end granite countertops and new sink. This unit is leased through 9/30/24 and is currently advertised for pre-rent. Conveniently located to Highway 29, Athens Technical College, Highway 441, Loop 10 as well as downtown Athens. Professionally managed by Athens Property Management. Add to your investment portfolio today, or live in one side and let the second unit pay your mortgage!
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