712 Searcy Ave
Griffin, GA 30223
-- Bed1 Bath680 Sq Ft51 Days on Market
Listing Agent & Comments
Michelle Naicker • Keller Williams Rlty Atl. Part
678-775-2600 • michellenaicker@kw.com License #386363RUSH SALE - MOVING OUTSIDE USA Multi-Unit Investment on 6.5+ Acres | 8 Homes + Storage Parcels: 128 01008 & 127 06002 Zoning: Multi-Family Residential & Agricultural Turnkey investment offering 7 rented homes, 1 unfinished apartment, a large storage building, and a fenced garden across two adjoining parcels totaling over 6.5 acres. Each home has its own backyard, utility connections (electric, water, gas, septic, mailbox), and strong rental history with upside potential. Managed by a professional property manager. Homes on Parcel 1 (5.64 acres): * 714 A - 1,192 sqft - 2BR/1BA - $1,200/mo - Granite kitchen, tile floors, large island, laundry room, porch. * 714 B - 725 sqft - 1BR/1BA - $1,100/mo - Butcher block counters, enclosed porch, fireplace. * 716 - 854 sqft - 1BR/1BA - $1,000/mo - Spacious layout, big closet, porch access. * 712 A - 660 sqft - Vacant - Est. rent $700 - Needs full renovation. * Storage Building - ~1,000 sqft - Est. rent $500 - Needs renovation but usable for tools, vehicles, or rental. Homes on Parcel 2 (0.89 acres): * 720 A - 856 sqft - 1BR/1BA - $1,000/mo - Laundry room, large closet (convertible to 2nd BR). * 720 B - 928 sqft - 1BR/1BA - $1,000/mo - Granite kitchen island, walk-in shower & tub. * 722 - 902 sqft - 1BR/1BA - $600/mo - Enclosed porch, spacious layout. * 724 - 1,056 sqft - 1BR/1BA - $700/mo - Previously a store, can easily be 2BR, huge living space, recently re-sided. Unfinished Apartment/Studio: Currently used as a photo studio, office, and music room. Has 3 small rooms and potential to convert to income-producing unit. Property Features: * 5 mins from downtown Griffin - Near DMV, hospital, courts, restaurants, and shopping * Fenced garden with raised beds and water lines * All homes individually metered (electric, water, septic, mailboxes) * Zoned for flexibility: residential/agricultural * Pad ready for another home (utilities in place from prior structure) * Individual tenant utility billing via Griffin Utility Financial Snapshot: * Monthly Gross Rent (7 houses): $6,600 * Annual Gross Income: $79,200 * Annual Expenses: $8,436 (includes lawn, lighting, taxes, insurance) * Net Operating Income (NOI): $70,764 * Cap Rate: 8.85% Improvement Estimates: * Full reno 712 A: $11,000 * Exterior decks/finish: $30,000 * New gravel driveways: $15,000 Even with updates, this remains a below-market deal. Comparable single homes in the area sell for $110K+ (as-is). You're essentially buying 8 homes, a large workshop, and acreage with low taxes ($2,800/yr for both parcels) and massive long-term upside. Live in one, rent the rest, or build your own family compound. Private, profitable, and ready for its next chapter.
MLS# 10519208 • Data provided by GAMLS
Living Area | 680 Sq.Ft. |
---|---|
Lot Size | 5.6 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | 1 |
Stories | 1 |
Year Built | 1940 |
Property Type | Multifamily |
Zoning | AR1 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2024 |
Tax Amount | $1,733 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by GAMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$542,341
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties, crime reports, and sale history
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HouseCanary, Inc. Brokerage
712 Searcy Ave., Griffin, GA 30223
Multifamily-- Bed1 Bath680 Sq Ft51 Days on Market
Listing Agent & Comments
Michelle Naicker • Keller Williams Rlty Atl. Part
678-775-2600 • michellenaicker@kw.com License #386363RUSH SALE - MOVING OUTSIDE USA Multi-Unit Investment on 6.5+ Acres | 8 Homes + Storage Parcels: 128 01008 & 127 06002 Zoning: Multi-Family Residential & Agricultural Turnkey investment offering 7 rented homes, 1 unfinished apartment, a large storage building, and a fenced garden across two adjoining parcels totaling over 6.5 acres. Each home has its own backyard, utility connections (electric, water, gas, septic, mailbox), and strong rental history with upside potential. Managed by a professional property manager. Homes on Parcel 1 (5.64 acres): * 714 A - 1,192 sqft - 2BR/1BA - $1,200/mo - Granite kitchen, tile floors, large island, laundry room, porch. * 714 B - 725 sqft - 1BR/1BA - $1,100/mo - Butcher block counters, enclosed porch, fireplace. * 716 - 854 sqft - 1BR/1BA - $1,000/mo - Spacious layout, big closet, porch access. * 712 A - 660 sqft - Vacant - Est. rent $700 - Needs full renovation. * Storage Building - ~1,000 sqft - Est. rent $500 - Needs renovation but usable for tools, vehicles, or rental. Homes on Parcel 2 (0.89 acres): * 720 A - 856 sqft - 1BR/1BA - $1,000/mo - Laundry room, large closet (convertible to 2nd BR). * 720 B - 928 sqft - 1BR/1BA - $1,000/mo - Granite kitchen island, walk-in shower & tub. * 722 - 902 sqft - 1BR/1BA - $600/mo - Enclosed porch, spacious layout. * 724 - 1,056 sqft - 1BR/1BA - $700/mo - Previously a store, can easily be 2BR, huge living space, recently re-sided. Unfinished Apartment/Studio: Currently used as a photo studio, office, and music room. Has 3 small rooms and potential to convert to income-producing unit. Property Features: * 5 mins from downtown Griffin - Near DMV, hospital, courts, restaurants, and shopping * Fenced garden with raised beds and water lines * All homes individually metered (electric, water, septic, mailboxes) * Zoned for flexibility: residential/agricultural * Pad ready for another home (utilities in place from prior structure) * Individual tenant utility billing via Griffin Utility Financial Snapshot: * Monthly Gross Rent (7 houses): $6,600 * Annual Gross Income: $79,200 * Annual Expenses: $8,436 (includes lawn, lighting, taxes, insurance) * Net Operating Income (NOI): $70,764 * Cap Rate: 8.85% Improvement Estimates: * Full reno 712 A: $11,000 * Exterior decks/finish: $30,000 * New gravel driveways: $15,000 Even with updates, this remains a below-market deal. Comparable single homes in the area sell for $110K+ (as-is). You're essentially buying 8 homes, a large workshop, and acreage with low taxes ($2,800/yr for both parcels) and massive long-term upside. Live in one, rent the rest, or build your own family compound. Private, profitable, and ready for its next chapter.
MLS# 10519208 • Data provided by GAMLS
Living Area | 680 Sq.Ft. |
---|---|
Lot Size | 5.6 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | 1 |
Stories | 1 |
Year Built | 1940 |
Property Type | Multifamily |
Zoning | AR1 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2024 |
Tax Amount | $1,733 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by GAMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties, crime reports, and sale history
New
Do you own this home?
Access your homeowner dashboard
712 Searcy Ave
Griffin, GA 30223
-- Bed1 Bath680 Sq Ft51 Days on Market
Listing Agent & Comments
Michelle Naicker • Keller Williams Rlty Atl. Part
678-775-2600 • michellenaicker@kw.com License #386363RUSH SALE - MOVING OUTSIDE USA Multi-Unit Investment on 6.5+ Acres | 8 Homes + Storage Parcels: 128 01008 & 127 06002 Zoning: Multi-Family Residential & Agricultural Turnkey investment offering 7 rented homes, 1 unfinished apartment, a large storage building, and a fenced garden across two adjoining parcels totaling over 6.5 acres. Each home has its own backyard, utility connections (electric, water, gas, septic, mailbox), and strong rental history with upside potential. Managed by a professional property manager. Homes on Parcel 1 (5.64 acres): * 714 A - 1,192 sqft - 2BR/1BA - $1,200/mo - Granite kitchen, tile floors, large island, laundry room, porch. * 714 B - 725 sqft - 1BR/1BA - $1,100/mo - Butcher block counters, enclosed porch, fireplace. * 716 - 854 sqft - 1BR/1BA - $1,000/mo - Spacious layout, big closet, porch access. * 712 A - 660 sqft - Vacant - Est. rent $700 - Needs full renovation. * Storage Building - ~1,000 sqft - Est. rent $500 - Needs renovation but usable for tools, vehicles, or rental. Homes on Parcel 2 (0.89 acres): * 720 A - 856 sqft - 1BR/1BA - $1,000/mo - Laundry room, large closet (convertible to 2nd BR). * 720 B - 928 sqft - 1BR/1BA - $1,000/mo - Granite kitchen island, walk-in shower & tub. * 722 - 902 sqft - 1BR/1BA - $600/mo - Enclosed porch, spacious layout. * 724 - 1,056 sqft - 1BR/1BA - $700/mo - Previously a store, can easily be 2BR, huge living space, recently re-sided. Unfinished Apartment/Studio: Currently used as a photo studio, office, and music room. Has 3 small rooms and potential to convert to income-producing unit. Property Features: * 5 mins from downtown Griffin - Near DMV, hospital, courts, restaurants, and shopping * Fenced garden with raised beds and water lines * All homes individually metered (electric, water, septic, mailboxes) * Zoned for flexibility: residential/agricultural * Pad ready for another home (utilities in place from prior structure) * Individual tenant utility billing via Griffin Utility Financial Snapshot: * Monthly Gross Rent (7 houses): $6,600 * Annual Gross Income: $79,200 * Annual Expenses: $8,436 (includes lawn, lighting, taxes, insurance) * Net Operating Income (NOI): $70,764 * Cap Rate: 8.85% Improvement Estimates: * Full reno 712 A: $11,000 * Exterior decks/finish: $30,000 * New gravel driveways: $15,000 Even with updates, this remains a below-market deal. Comparable single homes in the area sell for $110K+ (as-is). You're essentially buying 8 homes, a large workshop, and acreage with low taxes ($2,800/yr for both parcels) and massive long-term upside. Live in one, rent the rest, or build your own family compound. Private, profitable, and ready for its next chapter.
MLS# 10519208 • Data provided by GAMLS
Living Area | 680 Sq.Ft. |
---|---|
Lot Size | 5.6 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | 1 |
Stories | 1 |
Year Built | 1940 |
Property Type | Multifamily |
Zoning | AR1 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2024 |
Tax Amount | $1,733 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by GAMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$542,341
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties, crime reports, and sale history
New
Do you own this home?
Access your homeowner dashboard