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Here is your opportunity to own an incoming producing property in a great workforce market in Forsyth, GA. There are 2 duplexes with a history of strong cash flow. All units have been remodeled, except for Unit B-which is currently vacant and ready for finishing touches. Bldg 1 built in 1940; Bldg 2 built in 2008. You can purchase a multi-unit property with 2 to 4 units (duplex, triplex, or fourplex) using a standard FHA 203(b) loan. Requirement: You must occupy one of the units as your primary residence for at least one year. Benefit: This allows you to generate rental income from the other units, potentially offsetting your mortgage payments. Low Down Payment: You can make a down payment as low as 3.5% if your credit score is 580 or higher. A 10% down payment is required for credit scores between 500-579. Flexible Credit Requirements: FHA loans generally have more lenient credit requirements compared to conventional loans. Please do not disturb the tenants.
| DAYS ON MARKET | 2 | LAST UPDATED | 6/24/2025 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1940 |
| COUNTY | Monroe | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Hubbard |
|---|---|
| Jr. High School | Other |
| High School | Mary Persons |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | None |
| CONSTRUCTION | Wood Siding |
| HEAT | Central |
| LOT | 0.77 acre(s) |
| PARKING | Assigned, Carport, Off Street, Parking Pad |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | None |
| TAXES | 776.44 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Lifestyles Realty Georgia, Inc
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 GAMLS. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 GAMLS. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.
