0.52 Acres Lot
0.52 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Fort Valley 113
MLS Listing ID 7703297
Construction Status New Construction
HOA Y/N No
Year Built 1930
Annual Tax Amount $654
Tax Year 2024
Lot Size 0.520 Acres
Acres 0.52
Property Sub-Type Other
Source First Multiple Listing Service
Property Description
Welcome to 614 Elberta Street, a turnkey new construction 6-unit multifamily asset built for today's high-demand rental market. This modern property features six spacious units, each offering 3 bedrooms and 3 bathrooms, for a total of 18 bedrooms and 18 bathrooms—an ideal unit mix for strong rental performance and long-term stability.
Each unit is finished with high-end, contemporary features, including granite countertops, luxury vinyl plank flooring, stainless steel appliances, and energy-efficient systems designed to reduce operating costs while maximizing tenant satisfaction.
Financial Highlights (Student Housing Model)
Estimated Monthly Gross Income: $12,600
Estimated Annual Gross Income: $151,200
100% occupancy with 12-month leases in place
Professional management available with strong tenant retention
Prime Location
Situated in a strong rental corridor with quick access to schools, shopping, and public transportation, this area benefits from consistent demand, solid tenant demographics, and long-term appreciation—making it ideal for stable multifamily performance.
Investor Advantages
Brand-new construction — no rehab, no deferred maintenance
Immediate income potential
High-demand unit configuration
Minimal hands-on management
Financing & Terms
DSCR or Conventional financing only
Buyer must be pre-approved
Why This Asset Stands Out
Whether you're seeking a fully stabilized, cash-flowing student housing investment or a discounted opportunity to customize your leasing strategy, 614 Elberta Street offers flexibility, strong returns, and long-term value.
Serious investors only.
Contact us today for full details or to schedule a private showing today!
Location
State GA
County Peach
Area Fort Valley 113
Lake Name None
Interior
Heating Space Heater
Cooling Central Air
Window Features None
Exterior
Parking Features Detached
Fence None
Community Features None
Utilities Available Electricity Available, Sewer Available
Waterfront Description None
View Y/N Yes
View City
Roof Type Shingle
Accessibility None
Handicap Access None
Total Parking Spaces 9
Private Pool false
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Vinyl Siding
Construction Status New Construction
Schools
Elementary Schools Hunt
Middle Schools Fort Valley
High Schools Peach County
Others
Senior Community no
Tax ID F05A063
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