1071 Heritage DR, Greensboro, GA 30642
1071 Heritage DR, Greensboro, GA 30642
1071 Heritage DR, Greensboro, GA 30642
1071 Heritage DR, Greensboro, GA 30642
1071 Heritage DR, Greensboro, GA 30642
1071 Heritage DR, Greensboro, GA 30642
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Susan Verlander

Susan Verlander

+1(770) 855-5204
$ 1,500,000
Est. payment | /mo

8,712 Sqft Lot

Save
$ 1,500,000
Est. payment | /mo
Save

8,712 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 7840207

Construction Status Resale

HOA Y/N No

Year Built 1975

Annual Tax Amount $392

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

Exceptional opportunity to acquire a 12-unit townhome portfolio in Greensboro consisting of two separate six-unit buildings! The community features spacious floor plans, long-term residents, and rents that are significantly below current market levels, creating substantial value-add potential for the next owner. Two of the 12 units have already been renovated, providing a strong starting point and an opportunity to continue improving the remaining units over time.

Major exterior improvements have already been completed, including new roofs, complete exterior painting, siding and fascia repairs, replacement of damaged wood, updated gutters, exterior LED lighting, pressure washing, landscaping, tree trimming, and a resealed and restriped parking area. An HOA has been established to support the long-term maintenance of the community, and utilities are separately metered and paid directly by residents.

The units are individually platted, providing future flexibility to operate the property as a rental portfolio or renovate and sell units individually. The seller will consider offers for the entire 12-unit portfolio or for either six-unit building separately. Two duplexes within the same area are also available for purchase, creating an opportunity to acquire additional units.

With significant exterior capital improvements completed and multiple paths to create value, this is a rare opportunity to acquire a sizable multifamily investment at an affordable basis near Lake Oconee. Tours and additional property details are available upon request.

Location

State GA

County Greene

Area None

Lake Name None

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile, Hardwood, Vinyl

Window Features None

Exterior

Parking Features Parking Lot, Paved

Fence None

Community Features None

Utilities Available Electricity Available, Sewer Available, Underground Utilities, Water Available

Waterfront Description None

View Y/N Yes

View Trees/Woods

Roof Type Shingle

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Wooded

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick,Wood Siding

Construction Status Resale

Schools

Elementary Schools Greene County

Middle Schools Anita White Carson

High Schools Greene County

Others

Senior Community no

Tax ID 087000010R

First Multiple Listing Service(FMLS)
Listed by Cornerstone Real Estate Partners, LLC
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Southcreek Luxury Properties
Susan Verlander
License ID: 254041
+1(770) 855-5204
Bradford St NE, Gainesville, GA 30501, USA

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Bradford St NE, Gainesville, GA 30501, USA
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1071 Heritage DR

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