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205 Glenview Ter 2 Unit Apartment Building Offered at $404,677 CAD at a 7.50% Cap Rate Winder, GA 30680



INVESTMENT HIGHLIGHTS
- Minutes to downtown Winder
- Quiet location
- Huge backyard
EXECUTIVE SUMMARY
Investors dream! Instant cash flow property. Awesome duplex with two bedrooms and One bath in each unit. Spacious kitchen and living room areas. Both units are occupied, tenants have been there for 3-5 years. One unit is rented for $1150 due to renew soon and the other is rented for $850 for a long-term tenant who has been there for over 8 years on a month-to-month basis. Rent increase is your huge upside gain on this property with insatiable demand for rental in this area. If you are a first time home buyer, this is your home to live in one unit and keep the other leased. Rent income would cover more than half of your mortgage payment. Or, you can keep it all rented out. Near the heart of downtown Winder, convenient location and a very quiet neighborhood. Seller never occupied the property. Equipped with new hot water heather in one unit, new heating wall unit, and new appliances. No Seller's disclosure. Viewing is after contract is binding. DO NOT DISTURB or TALK to TENANTS. SOLD AS IS. NO YARD SIGN.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $404,677 CAD | Lot Size | 0.93 AC |
| Price Per Unit | $202,339 CAD | Building Size | 1,536 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 7.50% | No. Stories | 1 |
| No. Units | 2 | Year Built | 1986 |
| Property Type | Multifamily | Parking Ratio | 2.6/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | 001 | ||
| Price | $404,677 CAD |
| Price Per Unit | $202,339 CAD |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Lot Size | 0.93 AC |
| Building Size | 1,536 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1986 |
| Parking Ratio | 2.6/1,000 SF |
| Zoning | 001 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Tub/Shower
- Family Room
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
1 1
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205 Glenview Ter
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