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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

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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
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 - -
  • Listing ID: 37812261

  • Date on Market: 2025-09-24

  • Last Updated:

  • Address: 205 Glenview Ter, Winder, GA 30680

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