3 Beds
2 Baths
1,440 SqFt
3 Beds
2 Baths
1,440 SqFt
Key Details
Property Type Manufactured Home
Sub Type Manufactured Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $104
MLS Listing ID CL358770
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 2016
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Manufactured Home
Source SAV
Property Description
The home is serviced by city water & sewer, providing dependable utility infrastructure & added convenience for tenants. A significant advantage for investors is the existing lease in place through March 2027, generating $1,400 per month in rental income & offering immediate, stable cash flow from day one.
For investors seeking to expand their holdings, an additional portfolio opportunity is available nearby. The property at 108 Lata Terrace, consisting of two duplexes & three single-family homes, is also available for purchase, offering the potential to acquire multiple income-producing assets within the same area.
Whether you're looking to add a single turnkey rental to your portfolio or pursue a larger investment package, 133 Lata Terrace offers the combination of recent renovations, reliable utilities, & stable long-term income.
Location
State GA
County Baldwin
Direction From US-129 S / US-441 S heading straight into Milledgeville, enter Milledgeville via North Columbia Street (the main commercial corridor), then turn right onto Garrett Way (just before Zaxby's), 2nd street on left is Lata Terrace.
Rooms
Other Rooms Storage
Basement None
Interior
Interior Features Breakfast Area, Ceiling Fan(s), Main Level Primary
Heating Electric, Forced Air, Heat Pump
Cooling Central Air, Electric, Heat Pump
Appliance Some Electric Appliances, Dishwasher, Electric Water Heater, Oven, Range, Range Hood, Refrigerator
Laundry Laundry Room
Exterior
Parking Features Off Street, Parking Available
Garage Spaces 2.0
Porch Front Porch
Garage No
Building
Story 1
Entry Level One
Water Public
Architectural Style Manufactured Home
Level or Stories 1
Others
Tax ID M55 040
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Learn More About LPT Realty
License ID: 351828