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    1265 Highway 16

    Newnan, GA 30263
    • $185,000
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 8856934
    UPDATED: 36 min ago
    $185,000
    • 0
      BEDS
    • 1.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Two Residential houses on one lot. One can be converted to commercial. Currently Zoned for General Commercial. The first house is a charming 800 sqft house with 2 bedrooms with 1 newly remodeled bathroom and a fully renovated kitchen. Fenced backyard perfect for pets. The second is a larger 1450 sqft structure with 2 bedrooms, 2 & bathrooms, kitchen & office area. It has a good size unfinished basement and attached 1 car garage with lots of storage. Both units have ample additional off-street parking. This building could also function as a business or organization - perfect for multiple types of ventures - store, church, beauty salon, dance studio, production shop, arts & crafts, school, etc... 239 Feet of Road Frontage on Highway 16 West - very visible from both directions on Hwy 16. Concrete block construction. There are two septic systems, one for each building, and a new well system. Central Air and Heat in both structures. Located on a large 1.25-acre lot - a mostly flat, open meadow teeming with wildlife including wild turkeys and deer. Very private and very accessible to everything because of its great location - less than 5 miles away from Downtown Newnan. Great income property. Both homes are currently under a one-year lease, together grossing $$ a month. DO NOT DISTURB TENANTS. Drive-by OK. There are new housing and commercial subdivisions now being developed all around this property, as shown in aerial photo, which will significantly increase the value of this property & adjacent lands. Great investment!

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    © 2020 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Compass are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Compass. Data last updated: 2020-09-29T17:51:28.697.
    www.southatlantahomesearch.com/homes/110002775
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    1265 Highway 16 Newnan, GA 30263

    • Price: $185,000
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 8856934
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.25
    Acres
    1952
    Built
    Neighborhood:
    None
    County:
    Coweta
    Area:
    COWETA
    Elementary School:
    Arnco Sargent
    Middle School:
    Evans
    High School:
    Newnan
    Property Description
    Two Residential houses on one lot. One can be converted to commercial. Currently Zoned for General Commercial. The first house is a charming 800 sqft house with 2 bedrooms with 1 newly remodeled bathroom and a fully renovated kitchen. Fenced backyard perfect for pets. The second is a larger 1450 sqft structure with 2 bedrooms, 2 & bathrooms, kitchen & office area. It has a good size unfinished basement and attached 1 car garage with lots of storage. Both units have ample additional off-street parking. This building could also function as a business or organization - perfect for multiple types of ventures - store, church, beauty salon, dance studio, production shop, arts & crafts, school, etc... 239 Feet of Road Frontage on Highway 16 West - very visible from both directions on Hwy 16. Concrete block construction. There are two septic systems, one for each building, and a new well system. Central Air and Heat in both structures. Located on a large 1.25-acre lot - a mostly flat, open meadow teeming with wildlife including wild turkeys and deer. Very private and very accessible to everything because of its great location - less than 5 miles away from Downtown Newnan. Great income property. Both homes are currently under a one-year lease, together grossing $$ a month. DO NOT DISTURB TENANTS. Drive-by OK. There are new housing and commercial subdivisions now being developed all around this property, as shown in aerial photo, which will significantly increase the value of this property & adjacent lands. Great investment!
    Exterior Features

    Construction Stucco RealWood Siding Parking DetachedGuest ParkingRv/Boat Parking

    Interior Features

    Basement Block Bathrooms Full Unit1 1 Bathrooms Full Unit2 2 Bathrooms Half Unit2 1 Bedrooms Unit1 2 Bedrooms Unit2 2 Cooling Source Electric Cooling Type Central Heating Source Electric Heating Type Central Laundry Mf Hookups In Unit Stories 1 Story Total Fireplaces 0 Total Units 2 Unit Equipment1 Washer/Dryer Unit Equipment4 Smoke/Fire Alrm

    Property Features

    Acreage Source Public Record Amenities Street Lights Construction Status Resale Multi Type Other (See Remarks) Property Class Multifamily Quadrant W Sale Or Rent For Sale Tax Year 2018 Taxes 436 Total Fin Area Unit1 800 Total Fin Area Unit2 1450 Utility Billiing Other (See Remarks) Water Sewer Septic Tank

    Listing provided courtesy of Beycome Brokerage Realty Llc. © 2020 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


    © 2020 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Compass are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Compass. Data last updated: 2020-09-29T17:51:28.697.
     
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