$650,000

712 Searcy Avenue, Griffin, GA 30223

  • 8 beds |
  • 4 baths
  • Property Icon Land
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon5.6acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

RUSH SALE – MOVING OUTSIDE USA Multi-Unit Investment on 6.5+ Acres | 8 Homes + Storage Parcels: 128 01008 & 127 06002 Zoning: Multi-Family Residential & Agricultural Turnkey investment offering 7 rental homes, 1 unfinished apartment, a large storage building, and a fenced garden across two adjoining parcels totaling over 6.5 acres. Each home has its own backyard, utility connections (electric, water, gas, septic, mailbox), and strong rental history with upside potential. Managed by a professional property manager. Homes on Parcel 1 (5.64 acres): • 714 A – 1,192 sqft – 2BR/1BA – Granite kitchen, tile floors, large island, laundry room, porch. • 714 B – 725 sqft – 1BR/1BA – Butcher block counters, enclosed porch, fireplace. • 716 – 854 sqft – 1BR/1BA - Spacious layout, big closet, porch access. • 712 A – 660 sqft – Needs full renovation. • Storage Building – ~1,000 sqft – Needs renovation but usable for tools, vehicles, or rental. Homes on Parcel 2 (0.89 acres): • 720 A – 856 sqft – 1BR/1BA – Laundry room, large closet (convertible to 2nd BR). • 720 B – 928 sqft – 1BR/1BA – Granite kitchen island, walk-in shower & tub. • 722 – 902 sqft – 1BR/1BA – Enclosed porch, spacious layout. • 724 – 1,056 sqft – 1BR/1BA – Previously a store, can easily be 2BR, huge living space, recently re-sided. Unfinished Apartment/Studio: Currently used as a photo studio, office, and music room. Has 3 small rooms and potential to convert to income-producing unit. Property Features: • 5 mins from downtown Griffin – Near DMV, hospital, courts, restaurants, and shopping • Fenced garden with raised beds and water lines • All homes individually metered (electric, water, septic, mailboxes) • Zoned for flexibility: residential/agricultural • Pad ready for another home (utilities in place from prior structure) • Individual tenant utility billing via Griffin Utility Improvement Estimates: • Full reno 712 A: $11,000 • Exterior decks/finish: $30,000 • New gravel driveways: $15,000 Even with updates, this remains a below-market deal. Comparable single homes in the area sell for $110K+ (as-is). You're essentially buying 8 homes, a large workshop, and acreage with low taxes ($2,800/yr for both parcels) and massive long-term upside. Live in one, rent the rest, or build your own family compound. Private, profitable, and ready for its next chapter.

Listing Status:
Pending
Date Added:
May 8, 2025 at 05:00AM
Listing Office:
Keller Williams Realty Atlanta Partners : 678-775-2600
Listing Agent:
Michelle Naicker : 404-218-2980
MLS ID:
7577217

This listing courtesy of Michelle Naicker, Keller Williams Realty Atlanta Partners

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Futral Road Elementary School

180 Futral Rd, Griffin, GA, 30224

Grades PK-5

1.20 miles away

R

Rehoboth Road Middle School

1500 Rehoboth Rd, Griffin, GA, 30224

Grades 6-8

3.03 miles away

S

Spalding High School

433 Wilson Rd, Griffin, GA, 30224

Grades 9-12

0.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.