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2520 Rex RD Ellenwood, GA 30294
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Key Details
Sold Price $290,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,201 sqft
Price per Sqft $241
Subdivision Springfield
MLS Listing ID 7412962
Sold Date 08/28/24
Style Traditional
Bedrooms 9
Full Baths 3
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1974
Annual Tax Amount $2,923
Tax Year 2023
Lot Size 0.258 Acres
Acres 0.258
Property Description
Rare, 12% CAP Occupied PadSplit grossing over $5700+ per month gross income per month, consistently even factoring in vacancy. Close to Clayton State University, and around the corner multiple interestates for superb connectivity and access to job centers. Mind boggling cash flow will give you a cash-on-cash return of 20%+! Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.
Location
State GA
County Clayton
Lake Name None
Rooms
Bedroom Description Other
Other Rooms None
Basement Finished, Partial
Main Level Bedrooms 2
Dining Room None
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Hardwood, Laminate
Fireplaces Type None
Window Features None
Appliance Dryer, Electric Range, Microwave, Refrigerator, Washer
Laundry In Basement
Exterior
Exterior Feature Rain Gutters
Garage Driveway
Fence None
Pool None
Community Features None
Utilities Available Electricity Available, Water Available
Waterfront Description None
View Other
Roof Type Composition,Shingle
Street Surface Concrete
Accessibility None
Handicap Access None
Porch None
Private Pool false
Building
Lot Description Level
Story Multi/Split
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Multi/Split
Structure Type Brick,Wood Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools Clayton - Other
Middle Schools Clayton - Other
High Schools Clayton - Other
Others
Senior Community no
Restrictions false
Tax ID 12149A D012
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing no
Special Listing Condition None
Read Less
Bought with Cornerstone Real Estate Partners, LLC
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