ENHOUZ™Business Marketplace
Commercial Property · For Sale

8841 Highway 54, Jonesboro Active

1 view · 1 this week

Asking price
$299,900
Price / SF
$0.04
Cap rate
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Sale type
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Property type
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Property subtype
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Building class
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Building size
7,251,579 sq ft
Year built
1943
NOI
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Tenancy
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Building height
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Building FAR
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Lot size
0.28 acres
Zoning
Commercial
Frontage
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Listing #
EN-44149
MLS #
10877309

EXCEPTIONAL BOARDING HOUSE INVESTMENT OPPORTUNITY! This property features two buildings with significant rental income potential and substantial upside once renovations are complete. BUILDING ONE: A partially renovated 2-bedroom, 2-bathroom unit. The kitchen and bathroom renovations are nearly complete, with remaining work including drywall repairs, window repairs, potential flooring replacement, and general cleanup. BUILDING TWO: Configured for two 1-bedroom, 1-bathroom apartments and four studio apartments. The building features a newly installed sprinkler system with fire department water access at the front of the property. Some kitchen and bathroom renovations have been completed, while much of the building remains down to the studs, offering an opportunity to customize the space during renovation. With substantial renovation potential and multiple units to bring online, this property presents an excellent opportunity for investors seeking to maximize rental income and long-term value.

Location

GAMLS
Listed by Southern Classic Realtors
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10877309

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