Ellenwood, GA 30294,2520 Rex RD
Ellenwood, GA 30294,2520 Rex RD
Ellenwood, GA 30294,2520 Rex RD
Listed by Josh Stanton • Keller Williams Realty
Bought with Michael Dumler • Cornerstone R/Estate Partners
$290,000
Est. payment /mo
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

9 Beds
3 Baths
1,201 SqFt
SOLD DATE : 08/28/2024

Key Details

Sold Price $290,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,201 sqft

Price per Sqft $241

Subdivision Springfield

MLS Listing ID 10329357

Style Traditional

Bedrooms 9

Full Baths 3

Year Built 1974

Annual Tax Amount $2,923

Tax Year 2023

Lot Size 0.258 Acres

Property Description

Rare, 12% CAP Occupied PadSplit grossing over $5700+ per month gross income per month, consistently even factoring in vacancy. Close to Clayton State University, and around the corner multiple interestates for superb connectivity and access to job centers. Mind boggling cash flow will give you a cash-on-cash return of 20%+! Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.

Location

State GA

County Clayton

Interior

Heating Central

Cooling Central Air

Flooring Hardwood, Laminate

Exterior

Garage Off Street

Community Features None

Utilities Available Electricity Available, Water Available

Roof Type Composition

Building

Story Multi/Split

Sewer Public Sewer

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition As Is, Investor Owned, No Disclosure

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Georgia MLS (GAMLS)

GET MORE INFORMATION

Lee Hadaway

+1(770) 366-5200

Agent | License ID: 364905

Agent License ID: 364905

Name

Phone*

Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.