700 Murphy AVE, Lagrange, GA 30240
700 Murphy AVE, Lagrange, GA 30240
700 Murphy AVE, Lagrange, GA 30240
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Elizabeth Harvill

Elizabeth Harvill

+1(912) 245-1186
$309,900
Est. payment /mo
0.48 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Multi Family,Triplex

Listing Status New

Purchase Type For Sale

MLS Listing ID 10884393

HOA Y/N No

Year Built 1918

Annual Tax Amount $1,646

Tax Year 2025

Lot Size 0.480 Acres

Acres 0.48

Lot Dimensions 20908.8

Property Sub-Type Multi Family,Triplex

Source Georgia MLS 2

Property Description

This triplex offers a great investment opportunity with several recent improvements and strong rental income. The roof is approximately 3 years old, and the property features new windows and fresh exterior paint. Unit A has been recently remodeled, while Units B and C are in good, rentable condition. Rental rates have recently been increased, with the current monthly rents as follows: Unit A: $825 per month (recently leased), Unit B: $955 per month, Unit C: $1,350 per month Total Monthly Rental Income: approx $3,130 and Annual Gross Rental Income: approx $37,560Each unit is separately metered for electricity. Water is billed collectively, with tenants in Units B and C contributing $25 per occupant toward the monthly water expense. Unit B currently contributes $50 per month, while Unit C contributes $100 per month, for a total of $150 in water reimbursements. The average monthly water bill is approximately $120. With recent capital improvements, established rental income, and tenant contributions toward utility expenses, this property presents an attractive opportunity for an investor looking to add an income-producing property to their portfolio.

Location

State GA

County Troup

Rooms

Bedroom Description No

Basement Crawl Space

Interior

Heating Natural Gas, Central

Cooling Electric, Gas, Ceiling Fan(s), Central Air, Heat Pump, Window Unit(s)

Fireplace No

Laundry In Unit

Exterior

Parking Features Off Street, Parking Pad

Garage Spaces 3.0

Community Features None

Utilities Available Electricity Individual Meters, Gas Individual Meters, Water Billing Prorated, Sewer Connected

View Y/N No

Total Parking Spaces 3

Garage No

Private Pool No

Building

Faces At the corner of Murphy Ave and Oak St. look for sign.

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Concrete,Other

New Construction No

Schools

Elementary Schools Weathersbee

Middle Schools Gardner Newman

High Schools Lagrange

Others

HOA Fee Include None

Tax ID 0601B001008

Acceptable Financing Other, 1031 Exchange, Cash, Conventional

Listing Terms Other, 1031 Exchange, Cash, Conventional

Special Listing Condition Resale

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700 Murphy AVE

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Elizabeth Harvill
Elizabeth Harvill

Agent License ID: 421606

+1(912) 245-1186 | elizabeth.harvill@exprealty.com

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