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Dora Grubb

[email protected] +1(404) 205-1808

$ 279,900

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121 125 Lafayette CT Lagrange, GA 30241

1 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 10592342

HOA Y/N No

Year Built 1981

Annual Tax Amount $1,062

Tax Year 24

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions 1

Property Sub-Type Multi Family,Triplex

Source Georgia MLS 2

Property Description

Discover an exceptional investment opportunity that combines steady cash flow with strategic location advantages. This well-maintained triplex features three separate one-bedroom, one-bathroom units that consistently generate substantial monthly rental income of $2,400, supported by a proven track record of reliable tenants. Located in the heart of LaGrange's vibrant downtown district, this multi-family property offers residents convenient access to local dining, shopping, entertainment, and employment opportunities. The strategic positioning ensures strong rental demand and tenant retention, making it an ideal addition to any investment portfolio. Each unit provides comfortable living spaces with practical layouts that appeal to a diverse tenant base. The property's solid rental history demonstrates its potential as a dependable income generator, perfect for investors seeking passive revenue streams or those looking to diversify their real estate holdings. First-time homebuyers will appreciate the unique opportunity to live in one unit while collecting rent from the remaining two, effectively reducing their housing costs while building equity. This owner-occupant strategy can significantly improve affordability and create a pathway to homeownership that traditional single-family properties cannot match. The building's established cash flow performance eliminates much of the uncertainty typically associated with rental property investments. With three income streams under one roof, vacancy risks are naturally minimized, providing more stable returns compared to single-unit properties. Whether you're an experienced investor expanding your portfolio or a newcomer exploring real estate investment opportunities, this triplex represents a turnkey solution for generating immediate rental income. The combination of prime location, proven performance, and multiple revenue streams creates an compelling investment proposition that deserves serious consideration from savvy buyers.

Location

State GA

County Troup

Rooms

Basement None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Fireplace No

Laundry In Unit

Exterior

Parking Features Guest, Assigned, Off Street, Parking Pad, Over 1 Space per Unit

Garage Spaces 6.0

Community Features None

Utilities Available Other

View Y/N No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Faces Head toward E Lafayette Sq on Main St, Turn right onto Lafayette Pkwy (US-29), Turn left onto Morgan St (US-27/US-29), Turn right onto Greenville St, Turn left onto Hill St, Turn left onto Hogansville Rd, Continue on Youngs Mill Rd, Turn left onto Lafayette Ct

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick,Other

New Construction No

Schools

Elementary Schools Franklin Forest

Middle Schools Gardner Newman

High Schools Lagrange

Others

HOA Fee Include None

Tax ID 0502A002022

Special Listing Condition Resale

Dora Grubb

Agent | License ID: 323913

+1(404) 205-1808

Dora Grubb

121 125 Lafayette CT Lagrange, GA 30241

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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121 125 Lafayette CT