The property consists of 2 level acres with three houses, making it well suited for a BRRRR strategy. After acquiring the property, each house is rehabilitated to increase its market value and rental appeal. Once renovated, the homes are leased to tenants, generating rental income. The improved value and stabilized cash flow can then support a cash-out refinance, allowing the investor to recover much or all of the initial capital while retaining ownership of the income-producing assets. The refinanced proceeds can be used to fund future acquisitions, repeating the process over time. The main attraction to this property is the land!!! It is beaautifful. Come take a look.
| MLS # | 10794942 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 99 |
| Listing Provided By | Johnson Real Estate Agency | Barbara A Williams |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| Story(s) | 1 |
| Acreage | 2.00 |
| Appliances | Other |
|---|---|
| Interior Features | Other |
| Cooling | Electric |
| Cooling Yes / No | Yes |
| Heating | Electric |
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
| Laundry Features | None |
| Lot Features | Level |
|---|---|
| Construction Materials | Aluminum Siding |
| Roof | Other |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Off Street, Over 1 Space per Unit |
| Utilities | None |
|---|---|
| Sewer | Septic Tank |
| Electric | 220 Volts |
| Tax Annual Amount | 755 |
|---|---|
| Tax Year | 2025 |
| Community Features | None |
|---|
| State | GA |
|---|---|
| County | Terrell |
| City | Bronwood |
| Zip Code | 39826 |
| Area | Terrell |
| School District | Terrell |
| Elementary School | Cooper Carver |
| High School | Terrell |
| Listing VS Median (in 39826) | |
Price: $144,000 low | high Med: $187,000 On site: 99 low | high Med: 223 | |
| State | GA |
|---|---|
| County | Terrell |
| City | Bronwood |
| Zip Code | 39826 |
| Area | Terrell |
| School District | Terrell |
| Elementary School | Cooper Carver |
| High School | Terrell |
| Listing VS Median (in 39826) | |
Price: $144,000 low | high Med: $187,000 On site: 99 low | high Med: 223 | |