2611 Golfview TER SE, Conyers, GA 30013
2611 Golfview TER SE, Conyers, GA 30013,Video Tour
2611 Golfview TER SE, Conyers, GA 30013
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$395,000
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0.34 Acres Lot
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2611 Golfview TER SE Conyers, GA 30013

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Sherry Ajluni

Sherry Ajluni

+1(678) 283-1710

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Fieldstone View

MLS Listing ID 7800637

Construction Status Resale

HOA Y/N No

Year Built 1979

Annual Tax Amount $5,532

Tax Year 2024

Lot Size 0.342 Acres

Acres 0.342

Property Sub-Type Duplex

Source First Multiple Listing Service

Property Description

Welcome to this well-maintained, freshly updated four-sided brick duplex, where each 1,680 sq ft unit features 3 spacious bedrooms and 1.5 bathrooms designed for comfort and convenience. Over $30,000 in renovations and upgrades were completed in 2021, with additional recent updates including fresh interior paint, new bathroom vanities, and new carpet throughout the bedrooms. Inside, each unit offers a cozy family room with a fireplace, a functional kitchen with stainless steel appliances and generous cabinetry, and a dedicated laundry room. The bedrooms are filled with abundant natural light and feature new carpeting for added comfort. Outside, the fenced backyard provides a private space to relax or entertain, along with a covered porch.
The area is also experiencing rapid growth, with 5,600 new jobs coming to major employers such as Rivian, Archer Aviation, and Meta, all within a 10-minute drive. Average rents for 3-bedroom rentals in the area are currently around $1,500/month, presenting strong upside potential for future rent increases. Whether you're seeking reliable rental income or a multi-generational living solution, this property offers an ideal combination of versatility, value, and steady returns.

Unit 2609 currently rents for $1,230/month, and Unit 2611 is currently vacant. If unit 2611 is to rent for $1,230/month, generating approximately $29,520 in gross annual income. Estimated annual operating expenses are approximately 16% of gross income ($4,723), resulting in a Net Operating Income (NOI) of approximately $24,797.

Based on a $395,000 purchase price, 20% down payment, 30-year amortization, and an estimated 6.3% interest rate, projected annual debt service is approximately $23,470. This results in an estimated annual cash flow of approximately $1,327 and a cap rate of approximately 6.3%, making this an attractive opportunity for investors seeking long-term appreciation with immediate income and upside potential.

MARKET RENT POTENTIAL: With average 3-bedroom rents in the area currently around $1,500/month, total monthly rental income could increase to approximately $3,000/month or $36,000 annually. At market rents, the estimated NOI increases to approximately $30,240, annual cash flow improves to approximately $6,770, and the projected cap rate increases to approximately 7.7%, providing significant upside through future rent growth and increased returns.

Location

State GA

County Rockdale

Area Fieldstone View

Lake Name None

Interior

Heating Central

Cooling Central Air

Window Features Insulated Windows

Exterior

Parking Features Driveway

Fence Back Yard, Chain Link

Community Features None

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View Other

Roof Type Composition

Accessibility None

Handicap Access None

Total Parking Spaces 2

Private Pool false

Building

Lot Description Level, Wooded

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick,Cement Siding

Construction Status Resale

Schools

Elementary Schools Peek'S Chapel

Middle Schools Memorial

High Schools Salem

Others

Senior Community no

Tax ID 077A010004

Virtual Tour https://my.matterport.com/show/?m=Z7GcR4SLoFy&brand=0

Special Circumstances Investor Owned,No disclosures from Seller

First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Atl North

NEARBY SCHOOL & BUSINESS

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Sherry Ajluni

Sherry Ajluni

Team Leader | License ID: 289349

+1(678) 283-1710

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2611 Golfview TER SE

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