$380,000
$425,000
10.6%For more information regarding the value of a property, please contact us for a free consultation.
5,968 SqFt
SOLD DATE : 04/09/2024
Key Details
Sold Price $380,000
Property Type Other Types
Listing Status Sold
Purchase Type For Sale
Square Footage 5,968 sqft
Price per Sqft $63
MLS Listing ID 10236413
Sold Date 04/09/24
HOA Y/N No
Originating Board Georgia MLS 2
Year Built 1965
Annual Tax Amount $1,434
Tax Year 2023
Lot Size 4.680 Acres
Acres 4.68
Lot Dimensions 4.68
Property Description
Cashflowing storage unit business in Nicholson with rental house. Do not miss your chance for a passive income business opportunity. Between the storage and the rental house, this property generates over $4,200 per month. The property currently has three revenue generators. There is 2,900 feet of storage units (30 units total) generating $2,200 per month. We have a rental house renting at $1,200 per month. The house is a 3 bed 1.5 bedroom with 1468 square feet. Additionally there is a climate controlled storefront with approximately 2,400 feet generating $800 per month. The storefront has greater income potential if converted to more storage space which also makes the income more passive. Additional acreage in the rear of the property has potential to be converted to vehicle storage for even greater returns on investment. Call today for more info or to setup your private showing.
Location
State GA
County Jackson
Zoning Commercial
Rooms
Other Rooms Residence, Storage
Interior
Heating Electric
Cooling Electric
Flooring Concrete
Fireplace No
Exterior
Parking Features Other
Garage Spaces 15.0
Utilities Available High Speed Internet, Phone Available, Water Available
View Y/N No
Roof Type Composition
Total Parking Spaces 15
Garage No
Private Pool No
Building
Lot Description City Lot
Faces US 441 north from athens. Property is in downtown nicholson on the highway on the left just after the traffic light.
Sewer Septic Tank
Water Public
Structure Type Steel Siding
New Construction No
Others
Tax ID N01 004A
Special Listing Condition Resale
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